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HomeMy WebLinkAboutCOUNCIL MINUTES 1952-01-21 - Page 612 MINUTES OF THE FIFTY-NINTH REGULAR MEETING OF THE COUNCIL OF THE CITY OF LIVONIA ' ;i On January 21, 1952, above meeting was held at 33110 Five Mile Road, Livonia, Michigan, and was called to order at approximately 8 .00 P M by the President of the Council, Harry S Wolfe Roll was called with the following result. Present-- Harry S Wolfe, Wilson W. Edgar, Raymond E Grimm, Nettie Carey, John Whitehead and William Taylor Absent-- Harvey Jahn The minutes of the 5dth regular meeting of the Council held January 14, 1952, were read and approved By Councilman Whitehead, seconded by Councilman Carey and unanimously adopted as follows, it was : A 836 RESOLVED, that the period of time for receiving bids on station wagon be extended to February 11, 1952, at 8 .30 P M and that all interested dealers be notified of this change of dates. Ii- Mr Harry C Burton, on behalf of the Civil Service Commission, appeared i before the Council and explained the proposed hospitalization and group insurance coverage plan by the Civil Service Commission With the consent of all present, Mr. Burton was requested by President Wolfe to ask the Civil Service Commission to prepare and present to the Council a schedule in writing of their hospitalization and group insurance plan, together with the report as to all insurance companies who submitted bids for such insurance Councilman Grimm made a report on behalf of his committee as to purchase of fire truck, and stated that further consideration was being given to such matter The Finance Committee consisting of Councilmen Jahn, Carey and Whitehead submitted the following summary of expenditures approved by such committee : f t Page 613 SUI/,ARY CF BILLS APPROVED FOR THE MONTH OF OCTOBER, 1951 GENERAL, ADMINISTRATIVE Paid Unpaid AND LEGISLATIVE Vouchers Vouchers Total Executive $ $ 728 65 $ 728 65 Legislative 29 18 97 71 126 89 City Clerk 9.05 572.56 581.61 Financial and Accounting 33 40 33 40 Department of Law Judicial 38 33 174 31 212.64 Civil Service Commission 34.09 34.09 Board of Appeals City Planning and Zoning 2 58 340 15 342 73 City Hall 124.33 173 00 297 33 (Court House) 331.58 331.58 Department of Assessment Board of Review Election Commission 46 .46 Totals $ 203 93 $ 2,485 45 $ 2,689 38 DEPARTMENT OF PUBLIC SAFETY Police Department $ 677 61 $ 3,380.62 $ 4,058.23 Fire Department 664 99 364 51 1,029 50 Inspection Department 1,137.92 211.01 1,348.93 IL Totals $ 2,480 52 $ 3,956 14 $ 6,436 66 DEPARTMENT OF PUBLIC WORKS $ 730.92 $ 5,293.91 $ 6,024.83 DEPARTMENT OF PARKS & RECREATION 23 99 930 39 954 38 CIVILIAN DEFENSE 6.00 14 0 09 146.09 HEALTH & WELFARE 10.00 10.00 INSURANCE 214 93 214.93 SPECIAL ASSESSMENT NO. 2 372 33 372 33 POST OFFICE PROJECT 63.10 63.10 DEERING AVENUE IMPROVEMENT 5,947 20 5,947 20 SEWER DISTRICT NO 1 7,865 68 7,865 68 WITHHOLDING TAX 4,773.03 4,773.03 REPORT ON ROYCROFT WATER MAIN 65 00 65.00 Grand Totals $ 16,374 00 $ 19,188 61 $ 35,562 61 SUMMARY OF BILLS APPROVED FOR THE M0NTH OF NOVELOER, 1951 General, Legislative and Administrative: Executive $ 118 35 Legislative 277 28 City Clerk 758 31 City Treasurer 837.10 Department of Law 155 92 Judicial 158 22 page 61J.} Election Commission $ 17 05 Civil Service 104.99 Board of Appeals --- ,' City Planning 254 96 City Hall 1,728 82 $ 4,411.00 Department of Public Safety Police Department 2,121 16 Fire Department 594 76 Inspection Department 1,328.61 4,044 53 Department of Public Works 16,564 10 16,564 10 II. Department of Parks and Recreation 668.86 668.86 Civilian Defense 18.20 18 20 General Ledger Accounts Accounts Receivable 36 00 Withholding Tax 3,581 92 3,620.92 Total $ 29,327.61 I I SUMMARY OF BILIS APPROVED FOR THE MONTH OF DECEMBER, 1951 I General, Administrative & Legislative Legislative $ 1,436 21 City Clerk 311 51 Treasurer 725.50 IL Department of Law 97 ).3 Justice 379 9I Election Commission 25 00 Department of Assessment 9.75 City Planning 91 85 City Hall and Court Building 268 64 Civilian Defense 136.20 $ 3,)482.03 Department of Public Safety Police Department 2,219 32 Fire Department 5,338 47 Inspection Department 1,096.52 8,651 .31 Department of Public Works 10,410.47 10 410.47 Department of Parks & Recreation 576 35 576 35 Insurance 1,530.65 1,530.65 Health & Welfare 75.00 75.00 Land Acquisition 180.00 180.00 General Ledger Accounts Inventory Account 1,008 59 Petty Cash Addition 25 00 Withholding Tax 1,861 70 IL Debit - Discount Earned Account 121 33 ii Unexpended Account 230.03 Reserve Account 81 60 3,328 25 Total $ 28,237.06 Page 615 The foregoing reports were received, approved and filed By Councilman Taylor, seconded by Councilman Carey and unanimously adopted as follows, it was P x'37 RESOLVED that, pursuant to request from Liquor Control Commission dated December 6, 1951, the City Council does hereby approve the request of George Hawes, transfer of ownership of S D M license from William Howes 34225 Plymouth Road, Livonia, Michigan (mailing address : Plymouth, Michigan) The ordinance introduced by Councilman Edgar at the 58th regular meeting of the Council, entitled: "AN ORDINANCE REGULATING THE MAKING, FILING, APPROVING AND REJECTING OF PLATS; AND PROVIDING FOR MINIMUM IMPROVEMENTS, INSPECTION OF LAND AND IMPROVEMENTS, FILING OF BOND, INSPECTION AND FILING FEES, ADMINISTRATION OF THIS ORDINANCE, ADOPTION OF REGULATIONS HEREUNDER AND PENALTIES FOR VIOLATION HEREOF " was taken from the table and a roll call vote was conducted thereon with the following result: AYES Edgar, Grimm, Carey, Whitehead, Taylor and Wolfe. NAYS : None The President declared the foregoing ordinance adopted and effective as of the date of publication, February 1, 1952 By Councilman Edgar, seconded by Councilman Whitehead and unanimously adopted as follows, it was : 6- 838 RESOLVED, that the application of Michigan Bell Telephone Company dated January 9, 1952, identified as Job No 2-1 Livonia is hereby approved aryl the City Clerk is directed to issue a permit thereon Letter from John C Nunneley of Miller, Canfield, Paddock & Stone dated January 21, 1952, pertaining to Water Revenue Bonds - $1,660,000 00 and Sewer Revenue Bonds - $325,000 00, was received, read and placed on file Councilman Edgar introduced the following ordinance : NO. 42 AN ORDINANCE AUTHORIZING THE ACQUISITION AND CONSTRUCTION OF SANITARY SEWERS FOR THE DISPOSAL OF THE SEWAGE OF A PART OF THE CITY OF LIVONIA; AUTHORIZING THE ISSUANCE OF SELF-LIQUIDATING REVENUE BONDS FOR THE PURPOSE OF DEFRAYING THE COST TI-EREOF UNDER THE PROVISIONS OF ACT 94, PUBLIC ACTS OF MICHIGAN, 1933, AS AMENDED; PROVIDING FOR THE RETIREMENT OF SAID BONDS FROM THE REVENUES DERIVED FROM SAID SEWAGE DISPOSAL SYSTEM NO II; CREATING A STATUTORY LIEN ON SUCH REVENUES, AND PROVIDING FOR OTHER MATTERS RELATIVE TO SAID BONDS, THE SAID PUBLIC IMPROVEMENTS, AND THE REVENUES THEREFROM Page 616 THE CITY OF LIVONIA ORDAINS: { Section 1 To improve the public health and welfare of the City of Livonia, it is hereby determined and declared to be necessary to acquire and construct sanitary sewers for the purpose of disposing of the sewage of a portion of the area comprising the City of Livonia in accordance with detailed maps, plans, specifications and estimates therefor, and to operate and maintain said sewage disposal facilities on a utility-rate basis as authorized by Act 9I , Public Acts of Michigan, 1933, as amended Section 2 The City Council has caused maps, plans and specifications for such sanitary sewers to be prepared by Herald Hamill, registered engineer, of Plymouth, Michigan, which maps, plans and specifications are hereby approved and adopted, and it is hereby determined to acquire such public improvements in accordance with said maps, plans and specifications The following is a description of the sanitary sewers to be constructed under the authorization of this Ordinance : City of Livonia Sewer System Project No. II MAIN SEWER - (Hathaway, Stark and Plymouth Road) BEGINNING at an existing L.8" diameter combined sewer on the East side of Farmington Road at Hathaway Street and running thence Westerly along the North side of Hathaway Street with a 36" diameter pipe, a distance of 2731' to the Westerly side of Stark Road, thence Northerly along the Westerly side of Stark Road with a 30" diameter pipe, a distance of 2956' to the North side of Plymouth Road, thence westerly along the North side of Plymouth Road with a 2I " diameter pipe, a distance of 3687' to an existing Ford Tank Plant Sanitary Sewer which is the upper termination of the main sewer; BRANCH NO 1 - (Pine Tree Road and Laurel) BEGINNING at the proposed 30" diameter sewer on Stark Road at Pine Tree Road, running thence Westerly along the center line of Pine Tree Road with an 18" diameter pipe, a distance of 618' to the center line of Laurel Avenue, thence Northerly along the center line of Laurel with an 18" diameter Pipe for 330' and with a 15" diameter pipe for 660' and with a 12" diameter pipe for 660' to the upper termination of Branch No. 1; BRANCH NO. 2 - (Richland Avenue) BEGINNING at the existing 48" diameter combined sewer on the East side of Farmington Road at Richland Avenue, running thence Westerly along the North side of Richland with a 2L" diameter pipe for 700' and with an 18" diameter pipe for 700' and with a 15" diameter pipe for 350' and with a 12" diameter pipe for 350' to the upper termination of Branch No 2, BRANCH NO. 3 - (Orangelawn) BEGINNING at the existing ). 8" diameter sewer on the East side of Farmington Road at Orangelawn Avenue, running thence Westerly along the Northerly side of Orangelawn with a 2L " diameter pipe for 700' and with an 18" diameter pipe for 7001 and with a 15" diameter pipe for 350' and with a 12" diameter pipe for 630' to the upper termination of Branch No 3, Page 617 BRANCH (Stark) BEGINNING at the proposed 30" diameter sewer on the North side of Plymouth Road at Stark Road, running thence Northerly along the Westerly side of Stark Road with a 30" diameter pipe for 840' arra with a 24" diameter pipe for560' and with an 18" diameter pipe for 740' to the upper termination of Branch No 4; BRANCH NO. 5 -- (Boston Post Road) BEGINNING at the proposed 30" diameter sewer on Stark Road at Boston Post Road; running thence Westerly and Northerly along the Southwest side of Boston Post Road with an 18" diameter pipe for a distance of 510' and with a 15" diameter pipe for a distance of 510' and with a 12" aiameter pipe for a distance of 760' to the upper termination of Branch No 5, BRANCH NO 6 - (Standish Road) BEGINNING at the proposed 18" diameter sewer on the South side of Boston Post Road at Standish Road; running thence Westerly along the North side of Standish Road with a 15" diameter pipe for 300' and a 12" diameter pipe for 540' to the upper termination of Branch No 6; BRANCH NO. 7 - (Wadsworth Avenue) BEGINNING at the proposed 15" diameter sewer on the West side of Boston Post Road; running thence West along the North side of Wadsworth Avenue with a 12" diameter pipe for 600' to the upper termination of Branch No 7; BRANCH NO 8 -- (Beacon Street) BEGINNING at the proposed 12" diameter sewer on the West side of Boston Post Road at Beacon Street; running thence Westerly along the North side of Beacon Street with a 12" diameter pipe for a distance of 460' to the upper termination of Branch No 8; li BRANCH NO. 9 - (Beacon Road) BEGINNING at the proposed 24" diameter sewer on Stark Road at Beacon Road; running thence Westerly along the North side of Beacon Road with an 18" diameter pipe for 540' and with a 12" diameter pipe for 480' to the upper termination of Branch No 9, BRANCH NO 10 BEGINNING at the proposed 18" diameter sewer on Beacon Road at Brewster Road, running thence Southerly along the Westerly side of Brewster Road with a 15" diameter pipe for 2801 , and with a 12" diameter pipe for 300' to the upper termination of Branch No. 10; BRANCH NO 11 BEGINNING at the proposed 18" diameter sewer on Stark Road at Capitol Road; thence running Westerly along the South side of Capitol Road with a 15" diameter pipe for 260' and with a 12" diameter pipe for 260' to the upper termination of Branch No 11, BRANCH NO 12 BEGINNING at the proposed 24" diameter sewer on Stark Road at Wadsworth Avenue, running thence Easterly along the South side of Wadsworth Avenue with an 18" diameter pipe for 345' and with a 15" diameter pipe for 3301 ; and with a 12" diameter pipe for 330' to the upper termination of Branch No 12 Page 618 Said public improvements shall include all fittings, connections, manholes and other appurtenances as necessary for their proper use and operation. Said System of Sanitary Sewers and appurtenances thereto shall hereafter be known and designated as CITY OF LIVONIA SEWAGE DISPOSAL SYSTEM NO II, which shall include all Sanitary Sewers and appurtenances constructed under the provisions of this Ordinance, or any extensions or improvements thereto which may subsequently be made or acquired. Section 3 The cost of said sanitary sewers has been estimated by Herald Hamill, enginegF7-ro be Three Hundred Twenty-five Thousand ($325,000 00) Dollars, including the payment of incidental expenses as specified in Section 4 hereof, which estimate of cost is hereby approved and confirmed, and the period of usefulness of said extensions and improvements is estimated to be not less than forty (40) years Section 4. To pay the cost of acquiring said sanitary sewers and appurtenances, including the payment of engineering, legal and other expenses incident thereto, and interest for a period of one (1) year, it is hereby determined that the City of Livonia shall borrow the sum of Three Hundred Twenty-five Thousand ($325,000 00) Dollars, and that revenue bonds be issued therefor under the provisions of Act 94, Public Acts of Michigan, 1933, as amended, which bonds are sometimes referred to in this Ordinance as "the bonds " Wherever the words "the System" or "System" are used in this Ordinance, they shall be understood to mean City of Livonia Sewage Disposal System No II, as herein- before defined Wherever the words "revenues" and "net revenues" are used in this Ordinance, they shall be understood to have the meaning defined in Section 3 of Act 94, Public Acts of Michigan, 1933, as amended The term "project" shall be construed to mean the sanitary sewers and appurtenances authorized to be acquired and constructed under the terms of this Ordinance The terms "acquire" or "acquiring" as used in this Ordinance shall include acquisition by purchase, construction, or any other method Section 5 Said bonds shall be designated Sewage Disposal System No II Revenue Bonds, and shall be, not general obligations of the City of Livonia, but revenue bonds, payable out of the net revenues of the System after provision has been made for the payment of expenses of operation, and shall consist of 325 bonds of $1,000 each, dated as of March 1, 1952, numbered and maturing serially as follows: Bond Nos Inclusive Amount Maturity 1/5 $ 5,000 March 1, 1954 6;15 10,000 March 1, 1955 16/25 10,000 March 1, 1956 26/35 10,000 March 1, 1957 36/45 10,000 March 1, 1958 46/55 10,000 March 1, 1959 56/70 15,000 March 1, 1960 71/85 15,000 March 1, 1961 86/100 15,000 March 1, 1962 101/110 10,000 March 1, 1963 111/120 10,000 March 1, 1964 121/130 10,000 March 1, 1965 Page 619 Bonds Nos Inclusive Amount Maturity 131/140 $ 10,000 March 1, 1966 141/150 10,000 March 1, 1967 IL 151/165 15,000 March 1, 1968 166/180 15,000 March 1, 1969 181/195 15,000 March 1, 1970 196/210 15,000 March 1, 1971 211/225 15,000 March 1, 1972 226/240 15,000 March 1, 1973 241/255 15,000 March 1, 1974 256/270 15,000 March 1, 1975 271/285 15,000 March 1, 1976 286/300 15,000 March 1, 1977 301/320 20,000 March 1, 1978 321/325 5,000 March 1, 1979 Said bonds shall bear interest at a rate or rates not exceeding four (4%) per cent per annum, payable on September 1, 1952, and semi-annually thereafter on March 1st and September 1st of each year, both principal and interest to be payable in lawful money of the United States of America at Detroit Trust Company, Detroit, Michigan. Bonds of this issue may be called for redemption as a whole, for refunding purposes, on any interest payment date on or after March 1, 1953 Unless called as a whole for the purpose of refunding, bonds numbered 1 ikto 100, inclusive, maturing in the years 1954 to 1962, inclusive, shall not be subject to redemption prior to maturity Bonds numbered 101 to 325, inclusive, maturing in the years 1963 to 1979, inclusive, shall be subject to redemption prior to maturity, at the option of the City, in inverse numerical order, on any interest payment date on or after March 1, 1956 The redemption price of all bonds called for redemption prior to maturity, whether as a whole, or in part, shall be par and accrued interest to the date fixed for redemption, plus a premium as follows $40 00 on each bond called for redemption prior to March 1, 1956, $30 00 on each bond called for redemption on or after March 1, 1956, but prior to March 1, 1961; $20 00 on each bond called for redemption on or after March 1, 1961, but prior to March 1, 1966; $10.00 on each bond called for redemption on or after March 1, 1966, but prior to March 1, 1971, No premium shall be paid on bonds called for redemption on or after March 1, 1971 Notice of redemption shall be given thirty (30) days in advance of the redemption date by publication in a financial paper published in the State of Michigan, and in case of registered bonds, thirty (30) dayst notice shall be given by mail to the registered address. Bonds so called for redemption shall not bear interest after the date fixed for redemption, provided funds are on hand with the paying agent to IIIredeem said bonds Said bonds may be registered as to principal only in the manner and with the effect set forth on the face thereof, as hereinafter provided i • E Page 620 € f E Said bonds shall be signed by the Mayor and countersigned by the City Clerk, and shall have interest coupons attached bearing the facsimile signatures of said Mayor and City Clerk, and said official, by the execution of said bonds, shall adopt 111 as and for their own proper signatures their respective facsimile signatures on said coupons Section 6. Said bonds shall not be a general obligation or indebtedness of the City of Livonia, but shall be payable solely from the net revenues derived frau the operation of the System and to secure such payment there is hereby created a statutory first lien upon the whole of the net revenues of said System, to continue until the payment in full of the principal and interest on said bonds Section 7 The holder or holders of said bonds or coupons representing in the aggregate not less than twenty (20%) per cent of the entire issue then outstanding may, either at law or in equity, by suit, action, mandamus or other proceedings, protect and enforce the statutory lien upon the revenues of said System, and may, by suit, action, mandamus or other proceedings, enforce and compel performance of all duties of the officers of said City, including the fixing of sufficient rates, the collection of revenues, the proper segregation of the revenues of the System and the proper application thereof: Provided, However, that the statutory line upon said revenues shall not be construed to give the holder or holders of any bonds or coupons authority to compel the sale of the System. If there be any default in the payment of the principal of or interest upon any of said bonds, any Court having jurisdiction in any proper action may appoint a receiver to administer and operate said System on behalf of the City, and under the direction of said Court, and by and with the approval of said Court, to perform all of the duties of the officers of said City, more particularly set forth herein and III in Act 94, Public Acts of Michigan, 1933, as amended The holder or holders of any such bonds or any coupons therefrom shall have all other rights and remedies given by said Act 94, Public Acts of Michigan, 1933, as amended, for the collection and enforcement of said bonds and the security therefor Section 8. The construction, alteration, repair and management of the System shall be under the supervision and control of the Public Works Department of the City which may employ such person or persons in such capacity or capacities as he deems advisable to carry on the efficient management and operation of the System Said Public Works Department may make such rules, orders and regulations as it deems advisable and necessary to assure the efficient management and operation of the System. Section 9. The operating year of the System shall begin on the first day of March of each year and shall end on the last day of February of each year Section 10 The following rates are hereby established for services furnished by the System. SEWAGE DISPOSAL RATES Such rates shall be levied on each lot or parcel of land, building or premises having any sewer connection with the System, on the basis of quantity of water used therein or thereon, as the same is measured by the water meter installed therein Page 621 Such consumption rate shall be as follows, to-wit: From 0 to 10,000 cubic feet per month - $0.80 per 1000 cubic feet 10,000 to 100,000 II II It It - $0 70 per 1000 " It IL' In excess of 100,000 cubic feet per month - $0 60 per 1000 " it The above consumption charges shall apply to all users connected to sanitary sewers constructed under the provisions of this Ordinance, or connected to any existing laterals or any extensions of the System constructed in the future. The minimum quarterly charge for sewage disposal shall be $2 00 per quarter Where sewage disposal service is furnished to users not connected to the water system, or if connected to the water system no meter is used to measure the quantity of water used, or in cases where users make use of large quantities of water which may be discharged into storm sewers, or for other miscellaneous users of water for which special consideration should be given, special rates may be fixed by the City Council. A debt service charge shall be billed quarterly to each user connected to the Project in accordance with the following: 1 Each residential connection shall pay $3.50 per quarter, or at the rate or $]J.i 00 per year, until bonds authorized by present ordinance are paid, or sufficient moneys are in the Bond and Interest Redemption Fund to pay the same in full 2 Each commercial connection shall pay on the basis of $0 68 per front foot per year, payable in quarterly installments, until bonds authorized by present ordinance are lk paid, or sufficient moneys are in the Bond and Interest redemption Fund to pay the same in full. 3. Each industrial connection shall pay onthe basis of $60 00 per acre per year, payable in quarterly installments, for a period of ten (10) years The debt service charges above itemized shall only apply to those users who abut on and are connected to any of the sanitary sewers constructed under the provisions of this Ordinance For the reasonable cost and value of the services rendered to the City and its various departments by the System, and the general benefits to the public health in said City derived from the installation of said sanitary sewers, the City of Livonia shall pay out of its appropriate general funds the sum of Two Thousand ($2,000 00) Dollars per year, payable in equal quarterly installments SEWER CONNECTIONS Sewer connections shall be made by and at the expense of the property owner so connecting, subject to any rules and regulations therefor now or hereafter established by the City, and subject to inspection and approval prior to use Permit for such connection shall be obtained in advance from the City, and the property owner making such connection shall pay all inspection charges now or hereafter established by the City prior to the use thereof IL BILLING The Water Department of the City of Livonia shall have charge of all billing 1 for sewage disposal rates, and such bills shall be collected quarterly, at the same time and in the same manner as provided for water bills On all bills not paid within ten (10) days after the date of the bill, a 10% penalty will be added 1 1 Page 622 ENFORCEMENT The charges for sewage disposal services which are under the provisions of Section 21 of Act 94, Public Acts of Michigan, 1933, as amended, made a lien on all premises served thereby, unless notice is given that a tenant is responsible, are hereby recognized to constitute such lien and whenever any such charge against any piece of property shall be delinquent for six (6) months, the City officials in charge of the collection thereof shall certify to the City Assessor of the City, the fact of such delinquency, whereupon such charge shall on or before March 1st of each year, be entered upon the next tax roll as a charge against such premises and sha]be collected and the lien thereof enforced in the same manner as general city taxes against such premises are collected, and the lien thereof enforced. Provided, However, where notice is given that a tenant is responsible for such charges and service as provided by said Section 21 no further service shall be rendered any piece of property until a cash deposit of not less than Ten ($10 00) Dollars shall have been made as security for payment of such charges and service In addition to other remedies provided, the City shall have the right to shut off and discontinue the supply of water to any premises for the nonpayment of sewage disposal rates, when due Section 11 No free service shall be furnished by the System to any person, firm or corporation, public or private, or to any public agency or instrumentality, but service so furnished by the System shall be paid for in accordance with the fore— going schedule of rates, or any revision thereof, in compliance with the provisions of this Ordinance. Section 12 If the character of sewage or waste from any manufacturing or 4 industrial plant or any other building or premises shall be such as to impose an unreasonable additional burden upon the sewers of the System, then an additional charge may be made over and above the regular rates, or it may be required that such sewage be treated by the person, firm or corporation responsible therefor before being emptied into the sewers, or the right to empty such sewage may be denied, if necessary for the protection of the sewers and sewage disposal facilities of the System or the public health or safety Section 13 The rates hereby fixed are estimated to be sufficient to provide for the payment of the interest upon and the principal of all the bonds, as and when the same become due and payable, to provide for the creation of a reserve therefor as required by this Ordinance, to provide for the payment of the expenses of administration and operation and such expenses for maintenance of the said System as are necessary to preserve the same in good repair and working order, and to provide for such other expenditures and funds for said System as this Ordinance may require. Such rates shall be fixed and revised from time to time as may be necessary to produce these amounts, and it is hereby covenanted and agreed at all times to fix and maintain such rates for services furnished by the System as shall be sufficient to provide for the foregoing Section 14 The revenues of the System are hereby ordered to be set aside, as collected, and deposited in The First National Bank, Plymouth, Michigan, a bank duly qualified to do business in Michigan, in an account to be designated Sewage Disposal System No. II Receiving Fund (hereinafter referred to as the Receiving Fund), and said revenues so deposited are pledged for the purposes of the following funds, and shall IL be transferred from the Receiving Fund periodically in the manner and at the times hereinafter specified: Page 623 (A) OPERATION AND MAINTENANCE FUND: Out of the revenues in the Receiving Fund there shall be first set aside, quarterly, into a separate depositary account designated Operation and Maintenance Fund, a sum sufficient to provide for the payment of the next quarters s current expenses of administration and operation of the System and such current expenses for the maintenance thereof as may be necessary to preserve the same in good repair and working order. A budget, showing in detail the estimated costs of administration, operation and maintenance of the System for the next ensuing operating year shall be prepared, submitted and approved at the same time required by law for the submission and approval of the annual City budget by the City Council. The amounts transferred into the operation and maintenance fund during each operating year shall not exceed said budget unless approved by a two-thirds W3) vote of the City Councilmen elect (B) BOND AND INTEREST REDEMPTION FUND. There shall next be established and maintained a separate depositary account designated the Bond and Interest Redemption Fund, which shall be used solely and only for the purpose of paying the principal of and interest on the bonds hereby authorized The moneys in the Bond and Interest Redemption Fund (including the Reserve Account hereinafter established) shall be kept on hand with the bank or trust company where the principal and interest on the bonds herein authorized are currently payable Out of the revenues remaining in the Receiving Fund after provision has been made for expenses of operation and maintenance of the System, there shall next be set aside, quarterly, in the Bond and Interest Redemption Fund, a sum sufficient to provide for the payment of the principal of and interest upon all outstanding bonds payable from the revenues of the System, as and when the same become due and payable The amount so set aside for interest each quarter shall be not less than one-half (1/2) of the total amount of interest next maturing on the bonds herein authorized. The amount set aside for principal each quarter commencing March 1, 1953, shall be not less than one-quarter (1/1 ) of the amount of principal of the bonds next maturing If there be any deficiency in the amounts previously required to be set aside, then the amount of such deficiency shall be added to the current requirement There is hereby established in the Bond and Interest Redemption Fund, a separate account to be known as the Bond Reserve Account, into which account there shall be set aside, quarterly, all of the revenues of the System after the required quarterly payments have been made for the Operation and Maintenance Fund and the Bond and Interest Redemption Fund, until such time as there has been accumulated in said Bond Reserve Account the sum of $30,000 00, which account shall be established in the full amount herein required not later than the end of the operating year commencing March 1, 1955 Said Bond Reserve Account shall be used solely for the payment of the principal and interest on the bonds as to which there would otherwise be default If at any time it shall be necessary to use moneys in the Bond Reserve Account for such payment, then the moneys so used shall be replaced from the net revenues first received thereafter, which are not required by this Ordinance to be used for operation and maintenance or for current principal and interest requirements : Provided, However, that such Bond Reserve Account shall not be regarded as moneys otherwise appropriated or pledged for the purpose of determining the sufficiency of funds available for redemption of callable bonds. No further payments need be made into the Bond and Interest Redemption Fund after enough of the bonds have been retired so that the amount then held in said fund (including the Bond Reserve Account) is equal to the entire amount of principal and interest which will be payable at the time of maturity of all the bonds then remaining outstanding Page 62L (C) REPLACEMENT FUND: There shall next be established and maintained a separate depositary account designated the Replacement Fund, which shall be used solely and only for IL the purpose of making major repairs and replacements to the System as the same become necessaryThere shall be set aside into said account, quarterly, out of the revenues remaining in the Receiving Fund, after provision has been made for the- Operation and Maintenance Fund, and the Bond and Interest Redemption Fund (including the Bond Reserve Account) all of the revenues so remaining until such time as there has been accumulated in said Replacement Fund the sum of $5,000 00 Whenever money shall be used from said fund for making such major repairs and replacements, the moneys so used shall be replaced from the net revenues in the Receiving Fund which are not required by this Ordinance to be used for the Operation and Maintenance Fund or the Bond and Interest Redemption (including the Bond Reserve Account ) Moneys remaining in the Receiving Fund at the end of any operating year, after full satisfaction of the foregoing requirements, shall be transferred to the Bond and Interest Redemption Fund and used for the purpose of calling bonds of this , issue prior to maturity at the times and at the prices hereinbefore set forth All moneys from time to time in the Bond and Interest Redemption Fund over and above the current requirements of said fund required by law and this Ordinance and the Bond Reserve Account, may be used to so call bonds for redemption prior to maturity, and shall be so used when such funds total Twenty Thousand ($20,000 00) Dollars or more; Provided, However, that if there be any deficit in the Operation and Maintenance Fund, Bond and Interest Redemption Fund (including the Bond Reserve Account) or the Replacement Fund by reason of defaults in setting aside therein the amounts herein, before required, then transfers shall be made from the surplus remaining in the Receiving lill Fund at the end of any operating year, to such funds, in the order named to the extent of such deficit Section 15 In the event the moneys in the Receiving Fund are insufficient to provide for the current requirements of the Operation and Maintenance Fund or the • Bond and Interest Redemption Fund, any moneys and/or securities in other funds of the System shall be transferred, first, to the Operation and Maintenance Fund, and second, to the Bond and Interest Redemption Fund to the extent of any deficit therein Section 16 Moneys in the Bond and Interest Redemption Fund over and above those being accumulated for the payment of principal and interest next maturing, and moneys in any other fund except the Receiving Fund and the Operation and Maintenance Fund may be invested in obligations of the United States of America. In the event such investments are made, the securities representing the same shall be kept on deposit with the bank or trust company having on deposit the fund or funds from which such purchase was made. Any income received from such investment shall remain in the funds from which such investments were made Section 17 Said bonds shall be sold and the proceeds applied in accordance with the provisions of Act 94, Public Acts of Michigan, 1933, as amended Section 18. The First National Bank of Plymouth, Michigan, a Federal C!. Reserve System member bank, is hereby designated depositary of the proceeds of sale of said bonds From said moneys there shall first be transferred to the Bond and 'ti interest Redemption Fund the amount of interest which will accrue during the period for which interest has been capitalized, which is one (1) year, at the interest rate or rates specified in the bonds The balance of such proceeds shall be used solely I= to pay the cost of the project and any engineering, legal or other expenses incident thereto, and shall be paid out on authorization of the City Council Any unexpended balance of the proceeds of sale remaining after completion of the project may, in the discretion of the City Council, and to the extent of fifteen (15%) per cent of the Page 625 amount of such issue, be used for further improvements, enlargements and extensions to the System, provided that at the time of such expenditure, such use be approved by the Municipal Finance Commission Any remaining balance after such expenditure shall be paid into the bond and interest redemption fund and shall be used for the redemption of callable bonds. Section 19. The City of Livonia covenants and agrees with the successive holders of the bonds and coupons that so long as any of the bonds remain outstanding and unpaid as to either principal or interest -- (a) The City will maintain the System in good repair and working order, and will operate the same efficiently and will faithfully and punctually perform all duties with reference to the System required by the Constitution and laws of the State of Michigan, including the making and collecting of sufficient rates for sewage disposal service rendered by the System and the segregation and application of the revenues of the System in the manner pro- vided in this Ordinance CO) The City will fix and collect rates and charges for all sewage disposal service supplied by the System in order to obtain revenues fully sufficient to provide for the payment of expenses of administration, operation and maintenance of the System, to provide for the payment of interest on and the principal of all obligations payable therefrom, including the bonds herein authorized, as and when the same become due and payable, and, to create the Bond Reserve Account and provide for such other expenditures and funds for said System as this Ordinance may require Such rates shall be fixed and revised from time to time as may be necessary to produce these amounts. 111 The initial schedule of rates set forth in this Ordinance shall not be reduced or lowered in any event until such time as the Bond Reserve Account herein provided is established in its fully required amount. (c) The City will not permit free sewage to be supplied by the System to the City or any Department or Agency thereof, or to any person, firm or corporation, public or private, or to any public agency or instrumentality. The reasonable cost and value of all sewage disposal service rendered to the City and its various departments shall be charged against the City and shall be paid as the service accrues. All payments so made shall be considered revenues of the System, and shall be applied in the manner herein provided for the application of the revenues of the System (d) The City will maintain and keep proper books of record and account, separate from all other records and accounts, in which shall be made full and correct entries of all transactions relating to the System Not later than three (3) months after the close of each operating year, the city Council will cause to be prepared, on forms furnished by the Municipal Finance Commission, if such forms are available, a statement in reasonable detail, sworn to by its chief accounting officer, showing the cash income and disbursements of the System during such operating year, the assets and liabilities of the System at the beginning and close of the fiscal year, and such other information as is necessary to enable any taxpayer, user of the service furnished, or any holder or owner of the bonds, or anyone acting in their behalf, to be fully informed as to all matters pertaining to the financial operation of the System during such year A certified copy of such statement shall be filed with the Municipal Finance Commission, and such statement and books of record and account shall at all reasonable times be open to inspection by any taxpayer, user of the service, or holder or holders of any bonds or anyone acting in their behalf The City Council will also Page 626 cause an annual audit of such books of record and account for the preceding operating year to be made by a recognized independent certified public accountant, and will make such audit available to the holder of any bonds. ii A copy of the foregoing statement and a copy of the annual audit shall be sent to the original purchasers of the bonds within ninety (90) days after the close of each fiscal year (e) The City will maintain and carry for the benefit of the holders of the bonds, insurance on all physical properties of the System, of the kinds and in the amounts normally carried by public utility companies and municipalities engaged in the operation of sewage disposal systems All moneys received for losses under any such insurance policies shall be applied solely to the replacement and restoration of the property damages or destroyed and to the extent not so used, shall be used for the purpose of calling bonds (f) The City will not sell, lease or dispose of the System or any substantial part thereof until all of the bonds have been paid in full, both as to principal and interest The City further will cause the operation of the System to be carried on as economically as possible, will cause to be made to the System all repairs and replacements necessary to keep the same in good repair and working order, and will not do or suffer to be done any act which would affect the System in such a way as to impair or affect unfavorably the security of the bonds. Section 20 The right is reserved, in accordance with the provisions of Act 91 , Public Acts of lhichigan, 1933, as amended, to issue additional bonds payable from the revenues of the System which shall be of equal standing with the bonds herein III authorized, for the following purposes and on the following conditions and limitations : (a) For completion of the project in accordance with the plans and specifications therefor; and such bonds shall not be authorized unless the consulting engineer, Herald Hamill, or his successor engineer in charge of construction, shall execute a certificate evidencing the fact that additional funds are needed to complete the project in accordance with the plans and specifications therefor If such certificate shall be so executed and filed with the City Clerk, it shall be the duty of the City Council to provide for and issue additional Revenue Bonds in the amount stated in said certificate to be necessary to complete the project in accordance with the plans and specifications The aggregate principal amount of bonds to be issued for such purpose shall not exceed $35,000.00 (b) For subsequent extensions and improvements to the System. Provided, that no such additional bonds shall be issued unless the net revenues for each of the two (2) completed operating years next preceding the issuance of the additional bonds, when supplemented by the average annual net revenues estimated to accrue from the making of the proposed extensions and improvements, are equal to not less than one and one-half (1/2) times the largest amount of combined principal and interest to fall due in any future operating year on any bonds then outstanding payable from the revenues of the System and on the additional bonds so to be issued As a condition precedent to the issuance of said bonds, a written estimate of the net revenues estimated to accrue from the acquisition or construction of the proposed extensions and improvements, III concurred in and executed by an engineer designated by the City Council, and the engineer of the Municipal Finance Commission (or in the event no such state officer or agent exists, an engineer selected by the Municipal Finance Commission, or successor state agency having jurisdiction over the issuance of municipal bonds), shall be filed with the City Clerk and the Municipal Finance Commission Permission of the Municipal Finance Commission (or such 1 Page 627 other Commission as shall have jurisdiction over the issuance of municipal bonds) to issue such additional bonds shall constitute a con- clusive presumption of the existence of conditions permitting the issuance thereof. Except as herein authorized, no additional bonds having equal standing with the bonds of this issue shall be authorized or issued. Section 21. Said bonds and coupons shall be in substantially the following farm. UNITED STATES OF AMERICA STATE OF MICHIGAN COUNTY OF WAYNE CITY OF LIVONIA SEAGE DISPOSAL SYSTEM NO II REVENUE BOND NO $1,000.00 KNOW ALL MEN BY THESE PRESENTS that the CITY OF LIVONIA, County of Wayne, State of Michigan, for value received, hereby promises to pay to the bearer, or if registered, to the registered holder hereof, but only out of the revenues of Sewage Disposal System No. II of the City of Livonia, including all appurtenances, extensions and improvements thereto, the sum of ONE THOUSAND DOLLARS on the first day of March, A D 19 , with interest thereon from the date hereof until paid at the rate of per cent per annum, payable on September 1, 1952, and semi-annually thereafter on the first day of March and September of each year, on presentation and surrender of the proper interest coupons hereto annexed as they severally become due Both principal of and interest on this bond are payable in lawful money of the United States of America at DETROIT TRUST COMPANY, Detroit, Michigan, and for the prompt payment thereof, the gross revenues of said Sewage Disposal System No II, including all appurtenances, extensions and improvements thereto, after provisions t has been made for reasonable and necessary expenses of operation, administration and maintenance are hereby irrevocably pledged, and a statutory first lien on said revenues r is hereby recognized and created This bond is one of a series of three hundred twenty-five (325) bonds of even date and like tenor except as to date of maturity aggregating the sum of $325,000 00, issued pursuant to Ordinance No 42, duly adopted by the City Council on January 21, 1952, and under and in full compliance with the Constitution and Statutes of the State of Michigan, including specifically Act 94, Public Acts of Michigan, 1933, as amended, for the purpose of acquiring and constructing sanitary sewers for Sewage Disposal System No II of the City of Livonia. rl. For a complete statement of the revenues from which and the conditions under r: which this bond is payable, a statement of the conditions under which additional bon f. of equal standing may hereafter be issued, and the general covenants and provisio* pursuant to which this bond is issued reference is made to the above-described Ordinance) Bonds of this issue may be called for redemption as a whole, for refunding E` purposes, on any interest payment date on or after March 1, 1953 Page 628 Unless called as a whole for the purpose of refunding, bonds numbered 1 to 100, inclusive, maturing in the years 1951 to 1962, inclusive, shall not be subject to redemption prior to maturity. The right is reserved of redeeming bonds of this issue numbered 101 to 325, inclusive, maturing in the years 1963 to 1979, inclusive, at the option of the City, in inverse numerical order, on any interest payment date on or after March 1, 1956. The redemption price of all bonds called for redemption prior to maturity, whether as a whole, or in part, shall be par and accrued interest to the date fixed for redemption plus a premium as follows $40 00 on each bond called for redemption prior to March 1, 1956; $30 00 on each bond called for redemption on or after March 1, 1956, but prior to March 1, 1961, $20 00 on each bond called for redemption on or after March 1, 1961, but prior to March 1, 1966; $10.00 on each bond called for redemption on or after March 1, 1966, but prior to March 1, 1971; No premium shall be paid on bonds called for redemption on or after March 1, 1971 Notice of redemption shall be given thirty (30) days in advance of the redemption date by publication in a financial paper published in the State of Michigan, and in case of registered bonds, thirty (30) dayst notice shall be given by mail to the registered address Bonds so called for redemption shall not bear interest after the date fixed for redemption, provided funds are on hand with the paying agent to redeem said bonds This bond is a self-liquidating bond, and is not a general obligation of the City of Livonia, and does not constitute an indebtedness of the City of Livonia within any Constitutional or statutory limitation, and is payable, both as to principal and interest, solely from the revenues of said Sewage Disposal System No II of the City of Livonia The principal and interest on this bond are secured by the statutory lien hereinbefore menti oned. The City of Livonia has covenanted and agreed, and does hereby covenant and agree, to maintain at all times while any of said bonds are outstanding, such rates for service furnished by said Sewage Disposal System No II as shall be sufficient to provide for the payment of expenses of administration and operation and such expenses for maintenance of said System as may be necessary to preserve the same in good repair and working order, to provide for the payment of interest upon and the principal of all bonds payable therefrom as and when the same become due and payable and for the creation of a reserve therefor, and to provide for such other expenditures and funds for said facilities as are required by said Ordinance This bond and the interest thereon are exempt from any and all taxation what- soever by the State of Michigan or by any taxing authority within said State This bond may be registered as to principal only on the books of the City Treasurer in the name of the holder, and such registration noted on the back hereof by the City Treasurer, after which no transfer shall be valid unless made on the books and noted on the bank hereof in like manner, but transferability by delivery may be restored by registration to bearer Such registration shall not affect the negotiability of the interest coupons It is hereby certified and recited that all acts, conditions and things required by law precedent to and in the issuance of this bond and the series of which this is one have been done and performed in regular and due time and form as required by law I Page 629 IN WITNESS WHEREOF the City Council of the City of Livonia, County of Wayne, State of Michigan, has caused this bond to be signed in the name of said City by the Mayor and countersigned by the City Clerk, and the corporate seal of the City to be affixed hereto, and the coupons hereto attached to be signed by the facsimile signatures of said Mayor and City Clerk, as of the first day of March, A D 1952 CITY OF LI VONIA (Seal) By Countersigned Mayor Uity Ulerk (Form of Coupon) No °$ On the first day of , A D 19 , unless the bond to which this coupon pertains shall have been called for redemption, the CITY OF LIVONIA, Mayne County, Michigan, will pay to the bearer the sum of Dollars, in the manner and out of the revenues described in said bond, at Detroit Trust Company, Detroit, Michigan, being the semi-annual interest due that day on its Sewage Disposal System No II Revenue Bond, dated March 1, 1952, No . This coupon is not a general obligation of the City of Livonia but is payable from certain revenues as set forth in the bond to which it pertains Mayor City Clerk REGISTRATION NOTHING TO BE WRITTEN HEREON EXCEPT BY THE CITY TREASURER Date of Registration Name of Registered Caner • Registrar .• • Section 22 The City Clerk is hereby authorized and directed to make application to the Municipal Finance Committee for authority to issue and sell said bonds, and for approval of the form of notice of sale of said bonds in accordance with provisions of Act 202, Public Acts of Michigan,l943, as amended, and of Act 94, Public Acts of Michigan, 1933, as amended Section 23. If any section, paragraph, clause or provisions of this Ordinance shall be held invalid, the invalidity of such section, paragraph, clause or provision shall not affect any of the other provisions of this Ordinance Section 24 All ordinances, resolutions or orders, or parts thereof, in conflict with the provisions of this Ordinance are to the extent of such conflict hereby repealed Section 25. This Ordinance shall be published in full in The Livonian, a newspaper of general circulation in the City of Livonia within one week of its 2assage. Section 26 This Ordinance shall become effective immediately upon its adoption, to-wit. January 21, 1952 Page 630 A roll call vote was taken on the foregoing ordinance with the following result AYES: Edgar, Grimm, Carey, Whitehead, Taylor & Wolfe NAYS. None President Wolfe declared the foregoing ordinance adopted and effective as of the date of publication, January 25, 1952 Councilman Whitehead introduced the following ordinance NO 43 AN ORDINANCE TO PROVIDE FOR THE REFUNDING OF OUTSTANDING WATER SUPPLY SYSTEM REFUNDING AND EXTENSION REVENUE BONDS, AND CONSTRUCTION OF EXTENSI ONS AND IMPROVEMENTS TO THE WATER SUPPLY SYSTEM OF THE CITY OF LIVONIA, AUTHORIZING AND PROVIDING FOR THE ISSUANCE OF SELF-LIQUIDATING REVENUE BONDS FOR THESE PURPOSES UNDER THE PROVISIONS OF ACT 94, PUBLIC ACTS OF MICHIGAN, 1933, AS AMENDED, PROVIDING FOR THE FIXING, COT.T.ECTION, SEGREGATION AND DISPOSITION OF THE REVENUES OF SAID WATER SUPPLY SYSTEM OF THE SAID CITY OF LIVONIA, AND PROVIDING FOR A STATUTORY LIEN IN FAVGt OF THE HOLDER OR HOLDERS OF SUCH BONDS UPON UTE WHOLE OF SUCH REVENUES WHEREAS, the Township of Livonia, Wayne County, Michigan, pursuant to Ordinance No. 11., has heretofore issued its Water Supply System Refunding and Extension Revenue Bonds, dated February 1, 1950, aggregating the principal sum of $525,000 00, of which bonds there are now outstanding and unpaid bonds in the principal sum of $516,000 00, all bearing interest at the rate of 4% per annum and maturing as follows: $9,000 August 1, 1952; $10,000 August 1st of each of the years 1953 and 1954; $11,000 August 1st of each of the years 1955 and 1956, $12,000 August 1st of each of the years 1957 and 1958, $13,000 August 1st of each of the years 1959 and 1960, $14,000 August 1st of each of the years 1961 and 1962, $15,000 August 1, 1963, $16,000 August 1st of each of the years 1964 and 1965; $17,000 August 1, 1966; $18,000 August 1, 1967; $19,000 August 1, 1968, $20,000 August 1, 1969, $21,000 August 1, 1970, $22,000 August 1, 1971, $23,000 August 1, 1972; $25,000 August 1, 1973, $26,000 August 1, 1974; $27,000 August 1, 1975; $29,000 August 1, 1976; $30,000 August 1, 1977; $31,000 August 1, 1978 and $32,000 August 1, 1979, which bonds are now an obligation of the City of Livonia by virtue of its incorporation as a City taking over all the territory of the former Town- ship of Livonia, and are a first lien upon the net revenues of the Water Supply System of the City, AND WHEREAS, the City Council of the City of Livonia deems it necessary to make certain additions, extensions and improvements to its existing Water Supply System, and to issue the water revenue bonds of said City in an amount sufficient to refund by exchange the said outstanding bonds in the aggregate principal sum of $516,000 00, and to pay the cost of said additions, extensions and improvements; Page 631 AND WHEREAS, all things necessary to the authorization and issuance of revenue bonds under the provisions of the Constitution and laws of the State of Michigan and particularly Act 94, Public Acts of 111 Michigan, 1933, as anended, have been done, and the City Council is noir empowered and desires to authorize the issuance and sale of such bonds; THE CITY Ov LI VONIA ORDAI NS: Section 1 It is hereby determined and declared to be necessary for the public health, benefit and welfare of the City of Livonia to acquire and construct certain additions, extensions and improvements to thedater Supply System of the City consisting of water mains located and of the size and length as follows CITY OF LI VONI A, MI CHI GAN WATER MAIN CONSTRUCTION PROPOSED FOR ¶LIE YEAR 1952 Lent in Feet Street From To 69 8-9 129 189 Rensellor Seven Mile Pembroke 2800 Antago Pembroke Fargo 800 Floral Pembroke Norfolk 1000 St. Francis Cambridge Pembroke 2000 Angling Cambridge Dong 4000 Pembroke Angling Inkster 1800 Cambridge St Francis Antago 330 Milburn Bretton Eight Mile 3200 Bretton Milburn Melvin 2000 Deering Six Mile Pickford 3600 L Floral Fathers Pickford 3000 Lathers Floral Deering 700 Doris Curtis Clarita 1800 Hillcrest Pickford Seven Mile 1760 Flamingo Pickford Seven Mile 1760 Milburn Pickford Seven Mile 1760 Sunset Curtis Seven Mile 2500 Pickford Sunset Hillcrest 1000 Curtis Doris East 330 Clarita Melvin Middlebelt 2000 Merriman Six Vile Seven Mile 5300 Fairfield Curtis Mayfield 1900 2650 Mayfield Curtis South 4600 Loveland Curtis Seven Mile 2650 Woodring Clarita Seven Mile 800 Shadyside Curtis Clarita 1850 Westmore Curtis Pickford 1100 Farmington Curtis Seven Mile 2650 Fillmore Myron Seven Mile 3000 Irving Fillmore Seven Vile 2300 Myron Curtis Seven Mile 2650 Curtis Farmington Shaydside 660 Curtis Loveland Fairfield 1000 Six Mile Farmington East 4500 Inkster Rougeway Six Mile 2100 Savoie Six Mile South 1600 lb Six Mile Inkster Pumping Station 600 Grove Middlebelt Savoie 1100 Roycroft Middlebelt Garden 1320 Whitcomb Rougeway Inkster 700 Wentworth Merriman Doris 2650 Page 632 Length in Feet Street FromTo 6" -8" 12" 18" Puritan Greenland Louise 3500 IL Hubbard Myrna Six Mile 3500 Farmington Myrna Six Mile 3300 Greenland Hubbard West 880 Sunbury Jamison Lyndon 1100 Farmington Schoolcraft Hathaway 8200 Plymouth Newburgh Melrose 450 45o 14,500 Louise Joy Grandon 1500 Melvin Joy Grandon 1500 Oporto Joy Grandon 1500 Danzig Joy Crandon 1500 Henry Ruff Joy Grandon 1500 Wayne Plymouth South 3200 Laurel Plymouth Pine Tree 2000 Pine Tree Wayne Stark 1320 Hathaway Stark Farmington 2650 Broadmoor Middlebelt Harrison 2650 Myrna Hubbard East 600 Pickford Middlebelt East 300 Oak Five Mile North 1500 Harrison Terrence Six Mile 1850 Bell Creek Farmington Six Mile 2800 Bloomfield Farmington Bell Creek 900 Newburgh A.A. Trail- Joy 3100 A.A. Trail Newburg E & W 2200 Stark Hathaway Pine Tree 800 Seven Mile Farmington Myron 1000 IL Joy Henry Ruff Melvin 1000 Richland Stark Farmington 2650 Schoolcraft Eckles Newburg 5300 together with necessary fittings, connections and appurtenances thereto, and including the enlarging and remodeling of the water department office, said additions, extensions and improvements to be constructed in accordance with maps, plans and specifications therefor prepared by Herald Hamill, registered engineer of Plymouth, Michigan The said maps, plans and specifications are hereby approved and adopted Section 2 The cost of the additions, extensions and improvements, including payment of the expenses as specified in Section 3 hereof, has been estimated by said engineer, Herald Hamill, to be One Million One Hundred Eighteen Thousand Ilam Hundred ($1,118,200 00) Dollars, which estimate of cost is hereby approved and confirmed, and the period of usefulness of said additions, extensions and improve- ments is estimated to be forty (40) years Section 3 To pay the cost of constructing said additions, extensions and improvements, refunding of the presently outstanding Township of Livonia Water Supply System Refunding and Extension Revenue Bonds, including an exchange premium of five (5%) per cent of the amount of said outstanding bonds, and including the payment of engineering, legal, financing, and other expenses incident thereto, it is hereby determined that the City of Livonia shall borrow the sum of One Million Six Hundred Sixty Thousand ($1,660,000 00) Dollars and that revenue bonds of the City be issued therefor under the provisions of Act 91t, Public Acts of Michigan, 1933, as amended, which bonds are sometimes referred to in this Ordinance as "the bonds " Page 633 Wherever the words "the System" or "System" are used in this Ordinance, they shall be understood to mean the complete Water Supply System of the City of Livonia, including all additions, extensions, improvements and appurtenances thereto IL Wherever the words "revenues" and "net revenues" are used in this ordinance, they shall be understood to have the meaning defined in Section 3 of Act 94, Public Acts of Michigan, 1933, as amended The term "project" shall be construed to mean the extensions, improve- ments and additions to the water supply system to be made pursuant to this Ordinance. Section 4 Said bonds shall be designated WATER SUPPLY SYSTEM REVENUE BONDS, and shall be, not general obligations of the City of Livonia, but revenue bonds, payable out of the net revenues of the System after provision has been made for the payment of expenses of operation, and shall consist of 1660 bonds of $1,000 each, dated as of February 1, 1952, numbered and maturing March 1st of each year as follows : Bond Nos Inclusive Amount Maturity 1/20 20,000 1954 21/40 20,000 1955 41/60 20,000 1956 61/85 25,000 1957 86/110 25,000 1958 111/135 25,000 1959 Iti 136/160 25,000 1960 161/185 25,000 1961 186/210 25,000 1962 211/240 30,000 1963 241/270 30,000 1964 271/300 30,000 1965 301/330 3 0,000 1966 331/365 35,000 1967 366/400 35,000 1968 401/435 35,000 1969 436/470 35,000 1970 471/505 35,000 1971 506/545 40,000 1972 546/585 40,000 1973 586/625 40,000 1974 626/670 45,000 1975 671/715 45,000 1976 716/765 50,000 1977 766/815 50,00o 1978 816/870 55,000 1979 871/925 55,000 1980 926/980 55,000 1981 981/1040 60,000 1982 1041/1100 60,000 1983 1101/1160 60,000 1984 j 1161/1225 65,000 1985 1226/1295 70,000 1986 1296/1365 70,000 1987 1366/1435 70,000 1988 1)436/1510 75,000 1989 1511/1585 75,000 1990 1586/1660 75,000 1991 r Page 634 Said bonds shall bear interest at a rate or rates not exceeding four (4%) per cent per annum, payable on September 1, 1952, and semi-annually thereafter on March 1st and September 1st of each year, both principal and interest to be payable in lawful money of the United States of America at Detroit Trust Company, Detroit, Michigan Outstanding bonds of this issue may be called for redemption as a whole, for the purpose of refunding on any interest payment date on or after March 1, 1962 Unless called as a whole, in accordance with the above provisions, bonds numbered 1 to 715, inclusive, maturing in the years 1954 to 1976, inclusive, shall not be subject to redemption prior to maturity Bonds numbered 716 to 1660, inclusive, maturing in the years 1977 to 1991, inclusive, shall be subject to redemption prior to maturity, at the option of the City, in inverse numerical order, on any interest payment date on or after March 1, 1963 Each bond called for redemption, either as a whole or in part shall be redeemed at the par value thereof and accrued interest plus a premium in accordance with the following schedule, to wit: $45 00 if called for redemption prior to March 1, 1964; $40 00 if called for redemption on or after March 1, 1964, but prior to March 1, 1966, $35 00 if called for redemption on or after March 1, 1966, but prior to March 1, 1968, $30.00 if called for redemption on or after March 1, 1968, but prior to March 1, 1970; $25 00 if called for redemption on or after March 1, 1970, but prior to March 1, 1972, $20 00 if called for redemption on or after March 1, 1972, but prior to March 1, 1975; $15 00 if called for redemption on or after March 1, 1975, but prior to March 1, 1978, $10 00 if called for redemption on or after March 1, 1978, but prior to March 1, 1981; $ 5.00 if called for redemption on or after March 1, 1981, but prior to March 1, 1984: No premium shall be paid on bonds called for redemption on or after March 1, 1984 Thirty (30) days' notice of the call of any bonds for redemption shall be given by publication in a paper circulated in the State of Michigan which carries, as part of its regular service, notices of sale of municipal bonds, and in case of • registered bonds, thirty (30) days' notice shall be given by mail to the registered address Bonds so called for redemption shall not bear interest after the date fixed for redemption, provided funds are on hand with the paying agent to redeem • said bonds Said bonds may be registered as to principal only in the manner and with the effect set forth on the face thereof, as hereinafter provided Said bonds shall be signed by the Mayor and countersigned by the City Clerk, and shall have interest coupons attached bearing the facsimile signatures of said Mayor and City Clerk, and said officials, by the execution of said bonds, shall adopt as and for their own proper signatures their respective facsimile signatures on said coupons Page 635 Section 5.. Said bonds and the attached coupons shall not be a general obligation or indebtedness of the City of Livonia, but shall be payable solely from the revenues derived from the operation of the System, and to secure such payment there is hereby created a statutory first lien upon the whole of the net revenues of said System, to continue until the payment in full of the principal and interest on said bonds Section 6 the holder or holders of said bonds or coupons representing in the aggregate not less than twenty (20%) per cent of the entire issue then out- standing may, either at law or in equity by suit, action, mandamus, or other pro- ceedings, protect and enforce the statutory lien upon the revenues of said System, and may, by suit, action, mandamus or other proceedings, enforce and compel per- formance of all duties of the officers of the City of Livonia, including the fixing of sufficient rates, the collection of revenues, the proper segregation of the revenues of the System and the proper application thereof: Provided, However, that the statutory lien upon said revenues shall not be construed to compel the sale of the System If there be any default in the payment of the principal of or interest upon any of said bonds, any court having jurisdiction in any proper action may appoint a receiver to administer and operate said System on behalf of the City, and under the direction of said court, and by and with the approval of said court to perform all of the duties of the officials of said City more particularly set forth herein and in Act 9)4, Public Acts of Michigan, 1933, as amended. The holder or holders of any such bonds or any coupons therefrom shall have all other rights and remedies given by said Act 9)4, Public Acts of Michigan, 1933, as amended, for the collection and enforcement of said bonds and the security there- for. Section 7 The operation, repair and management of the System shall be under the immediate supervision and management of the Water Department of the City, subject, however, to the rights, powers and duties in respect thereto which are reserved by law and the City Charter to the Mayor and City Council. Section 8 Charges for service rendered and water supplied by the System shall be charged each lot or parcel of land, building or premises having any connection with the System, on the basis of the following schedule or rates . SCHEDULE OF RATES (a) Consumption Rates : From 0 to 2,000,000 cu ft per month - $1 60 per 1,000 cu ft All over 2,000,000 cu ft per month - $1 )40 per 1,000 cu ft (b) Monthly Service Charge . Meter Size Service Charge 5/8" 0 50 3/14" 62 1" 98 1-1/2" 1 70 2" 2.66 3" 3 62 1.4" !4 58 6" 7.56 8" 11 60 Page 636 (c) Minimum Charge Each water user shall pay a minimum charge of $3 00 per quarter (d) Debt Service Charges An additional charge of $3.00 per quarter will be charged to all residential and commerical water users connected to mains constructed between July 1, 1940 and January 1, 1952, until such charge has been paid to the amount of $2 00 per front foot of such property An additional charge of $4 50 per quarter will be charged to all residential and commerical water users connected to mains constructed with the proceeds of this bond issue, until such charge has been paid of the amount of $3.00 per front foot of such property. Industrial users connected to the mains constructed with the pro- ceeds of this bond issue, shall pay a debt service charge of $3 00 per fret foot of the property served, said payments to be amortized over a period of ten (10) years, and payable in equal quarterly installments (e) Service connection charges . Charges for service connections shall be payable in advance and at the time that the application for the same is made, are fixed as follows $160 for a road 204 feet wide $135 for a road 120 feet wide. $105 for all others Such charges may be revised frau time to time at the discretion of the City Council, but shall always be fixed at not less than the cost of making sudz service connections (f) Fire Protection Charges : For fire protection service the City shall pay, in quarterly install- ments, the sum of $50 00 per year for each fire hydrant, from its current funds, or from the proceeds of taxes which the City is authorized to levy for such purpose (g) Special Rates . For non-metered water services rendered, or any other water service furnished which is not covered by the above schedule, or miscellaneous services for which a special rate should be established, such rates shall be fixed by the City Council. (h) Billing. Charges for water service shall be collected quarterly, provided, however, billing may be changed to monthly billing in such circumstances as are deemed advisable Bills shall become due and payable on the date specified in said bills, and if not paid within fifteen (15) days thereafter, a 10% penalty shall be added thereto. (i) Deposit : A cash deposit of Fifteen ($15.00) Dollars as security for payment of water rates shall be required of each user in such cases as the City Council shall deem such security to be advisable, or in such cases where a deposit is required by the provisions of Section 21 of Act 94, Public Acts of Michigan, 1933, as amended Page 637 (j) Enforcement : Charges for water service shall constitute a lien on the property served and during March of each year the person or agency charged with the management of said System, shall certify any such charges which as of March 1st of that year, have been delinquent six (6) months or more, to the City Assessor, who shall enter the same upon the City tax roll of that year against the premises to which such service shall have been rendered, and said charges shall be collected and said lien shall be enforced in the same manner as pro- vided in respect to taxes assessed upon such roll . Provided, that when a tenant is responsible for the payment of any such charge against any premises, and the Water Department or City Council is so notified in writing, then no such charge shall become lien against such premises from and after the date of such notice. In the event of the filing of such notice, no further service shall be rendered by the System to such premises until a cash deposit equal to three (3) times the average periodical charge to such premises shall have been made as security for the payment of charges thereto In addition to other remedies provided, the City shall have the right to shut-off and discontinue the supply of water to any premises for the nonpayment of water bills when due Water services so discontinued shall not be restored until all sums then due and awing shall be paid Section 9 No free service shall be furnished by said System to any person, firm or corporation, public or private, or to any public agency or instrumentality Section 10 The rates hereby fixed are estimated to be sufficient to lij provide for the payment of the expenses of administration and operation and such expenses for maintenance of said System as are necessary to preserve the same in good repair and working order, to provide for the payment of the interest upon and the principal of all the bonds as and when the same became due and payable, and the creation of the bond reserve therefor required by this Ordinance, and to provide for such other expenditures and funds for said System as this Ordinance may require Such rates shall be fixed and revised from time to time as may be necessary to produce these amounts, and it is hereby convenanted and agreed at all times to fix and maintain such rates for services furnished by the System as shall be sufficent to provide for the foregoing Section 11 The System shall be operated on the basis of an operating year commencing on march 1st and ending on the last day of February of each year Section 12 The revenues of the System are hereby ordered to be set aside, as collected, and deposited in First National Bank, Plymouth, Michigan, a bank duly qualified to do business in Michigan, in an account to be designated Water Supply System Receiving Fund (hereinafter referred to as the Receiving Fund), and said revenues so deposited are pledged for the purpose of the following funds, and shall be transferred from the Receiving Fund periodically in the manner and at the times hereinafter specified (A) OPERATION AND MAINTENANCE FUND: Out of the revenues in the Receiving Fund, there shall be first set aside, during each month, into a separate depositary account designated Operation and Maintenance Fund, a sum sufficient to provide for the payment of the next succeeding months' current expenses of administration and operation of the System and such current expenses for the maintenance thereof as may be necessary to pre- serve the same in good repair and working order Page 638 The City Council prior to the beginning of each operating year, shall adopt a budget covering the foregoing expenses for each year, and such total expenses shall not exceed the total amount specified in said budget except by a vote of two- " thirds (2/3) of the members of the Council (B) BOND AND INTEREST REDEMPTION FUND There shall next be established and maintained a separate depositary account designated the Bond and Irterest Redemption rFund, which shall be used solely and only for the purpose of paying the principal of and interest on the bonds hereby authorized The moneys in the Bond and Interest Redemption Fund (including the Bond Reserve Account hereinafter established) shall be kept on hand with the bank or trust company where the principal and interest on the bonds herein authorized are currently payable Out of the revenues remaining in the Receiving Fund after provision hits been made for expenses of operation and maintenance of the System, there shall next be set asiae, monthly, in the Bond and Interest Redemption Fund, a sum proportionately sufficient to provide for the payment of the principal and interest upon all outstanding bonds payable from the revenues of the System, as and when the same became due and payable. The amount so set aside for interest in each month during the first six (6) months of each operating year, shall be not less than one- sixth (1/6) of the total amount of interest maturing on the following September 1st and during the last six (6) months of each operating year shall be not less than one- sixth (1/6) of the total amount of interest maturing on the following March 1st The amount so set aside for principal on the bonds herein authorized in each month during each operating year commencing March 1, 1953, shall be not less than one- twelfth (1/12) of the amount of principal maturing on the March 1st immediately following such operating year If there be any deficiency in the amount previously set aside, then the amount of such deficiency shall be added to the current require- ment. There is hereby established in the Bond and Interest Redemption Fund, a separate account, to be known as the Bond Reserve Account, into which account there shall be set aside, monthly, all of the revenues of the System after the required monthly payments have been made for the Operation and Maintenance Fund and the Bond and Interest Redemption Fund, until such time as there has been accumulated in said Bond Reserve Account the sum of Ninety Thousand ($90,000 00) Dollars, which account shall be established in the full amount herein not later than the end of the operating year commencing March 1, 1955 Moneys in said Bond Reserve Account shall be used solely for the payment of the principal and interest on said bonds as to which there would otherwise be default If, at any time, it shall be necessary to use moneys in the Bond Reserve Account for such payment, then the moneys so used shall be replaced frau the net revenues first received thereafter which are not required by this Ordinance to be used for operation and maintenance or for current principal and interest requirements Provided, However, that such Bond Reserve Account shall not be regarded as moneys otherwise appropriated or pledged for the purpose of determining the sufficiency of funds available far redemption of callable bonds No further payments need be made into the Bond and Interest Redemption Fund after enough of the bonds have been retired so that the amount then held in said fund (including the Bond Reserve Account) is equal to the entire amount of principal and interest which will be payable at the time of maturity of all the bonds then remaining outstanding. Page 639 (C) REPLACEMENT FUND: There shall next be established and maintained a separate depositary account designated Replacement Fund, the moneys from time to time on deposit therein to be used solely and only for the purpose of making replacements to the System which may become necessary from time to time There shall be set aside into said account, monthly, out of the revenues -emaining in the Receiving Fund, after provision has been made for the Operation and Maintenance Fund, and the Bond and Interest Redemption Fund (including the Bond Reserve Account) all of the revenues so remaining until such time as there has been accumulated in said Replacement Fund the sum of Twenty-five Thousand ($25,000 00) Dollars Whenever money shall be used from said fund for making replacements the moneys so used shall be restored from the net revenues in the Receiving Fund which are not required by this Ordinance to be used for the Operation and Maintenance Fund or the Bond and Interest Redemption Fund (including the Bond Reserve Account). (D) IMPROVEMENT FUND There shall next be established and maintained a separate depositary account to be designated Improvement Fund Out of the revenues remaining in the Receiving Fund after meeting the requirements of the Operation and Maintenance Fund, the Bond and Interest Redemption Fund (including the Bond Reserve Account), and the Replacement Fund, there shall be deposited into the Improvement Fund, in any month, such sum as the City Council may deem advisable, to be used for improvements, enlarge- ments, extensions or repairs to the System (E) SURPLUS FUND. Moneys remaining in the Receiving Fund at the end of any operating year, after full satisfaction of the requirements of the foregoing funds, shall be trans- ferred to a separate depositary account to be designated Surplus Fund Moneys fruit time to time on hand in the Surolus Fund may, at the option of the City Council, be transferred to the Bond and Interest Redemption Fund and used for the purpose of calling bonds, or prior to the first call date only, purchasing bonds of this issue on the open market at the best price or prices obtainable, but not in excess of the maximum call price permitted by law, or transferred to the Improvement Fund: Pro- vided, However, that if there should be any deficit in the Operation and Maintenance Fund, Bond and Interest Redemption Fund (including the Bond Reserve Account) or the Replacement Fund, an account of defaults in setting aside therein the amounts herein- before required, then transfers shall be made from the Surplus Fund to such funds in the priority and order named, to the extent of such deficits Section 13. Funds on hand as of the date of the adoption of this Ordinance, pertaining to the System, by virtue of the provisions of Ordinance No 14 of the Township of Livonia, shall be allocated and used as follows: (a) All moneys on hand in the Operation and Maintenance Fund by virtue of the provisions of said Ordinance No 14, shall be deposited in the Operation and Maintenance Fund created by this Ordinance (b) All moneys on hand in the Bond and Interest Redemption Fund (including the Bond Reserve Account) by virtue of the provisions of Ordinance No 14 of the Township of Livonia, shall be allocated and used as follows, and in the following priority: First, sufficient of said moneys shall be deposited with the Detroit Trust Company for the specific purpose of paying the interest due February 1, 1952, on the outstanding Township bonds hereinbefore referred to. Page 640 Second, the balance of said moneys shall be deposited with the roit Trust Company, paying agent for said bonds, and allocated to the Bond Reserve Account created by provisions of this Ordinance (c) All moneys on hand in the Replacement Fund by virtue of the provisions of Ordinance No 14 of the Township of Livonia, shall be deposited in the Operation and Maintenance Fund created by this Ordinance (d) All moneys on hand in the Receiving Fund by virtue of the provisions of said Ordinance +o 14, and not allocated to the specific funds set up by said Ordinance No Ili, shall be deposited in the Receiving Fund created by this Ordinance Section 14 In the event the moneys in the Receiving Fund are insufficient to provide far the current requirements of the Operation and Maintenance Fund or the Bond and Interest Redemption Fund, any moneys and/or securities in other funds of the System shall be transferred, First, to the Operation and Maintenance Fund, and Second, to the Bond and Interest Redemption Fund to the extent of any deficit therein. • Section 15 Moneys in the 3ond and Interest Redemption Fund over and above those being accumulated for the payment of principal and interest next maturing, and moneys in any other fund except the Receiving Fund and the Operation • and Maintenance Fund, may be invested in obligations of the United States cr. America. In the event such investments are made, the securities representing the same shall be kept on deposit with the bank or trust company having on deposit the fund or funds from which such purchase was made Income received from such 1 investments shall be credited to the fund from which said investments were made Section 16 Of the total issue, bonds numbered 465 to 980, inclusive, maturing in the years 1970 to 1981, inclusive, in the aggregate principal sum of $516,000.00, are to be exchanged, pursuant to agreement with the present holders thereof, for bonds numbered 10 to 525, inclusive, of the presently outstanding issue of Township of Livonia Water Supply System Refunding and Extension Revenue Bonds dated February 1, 1950, none of said bonds being callable until August 1, 1955 Bonds numbered 1 to 465, inclusive, maturing in the years 1954, to 1970, inclusive, and bonds numbered 981 to 1660, inclusive, maturing in the years 1982 to 1991, inclusive, in the aggregate principal sum of $1,144,000 00, shall be sold at public sale and the proceeds applied in accordance with the provisions of Act 94, Public Acts of Michigan, 1933, as amended Bonds of this issue to be exchanged for bonds of the outstanding Township issue hereinbefore referred to shall be deposited with the Detroit Trust Company to be delivered in exchange for said outstanding bonds of the Township issue together with the authorized call premium, plus interest on said outstanding bonds to and including February 1, 1952. The bonds of this issue authorized herein to be sold at public sale, shall not be sold ar issued until said outstanding Township bonds have been deposited with the Detroit Trust Company for the exchange in accordance with the provisions of this Section and this Ordinance After such exchange has • been completed, the said Township bonds shall be cancelled and not re-issued Page 641 Section 17 The First National Bank, Plymouth, Michigan, a Federal Reserve System mem er ank, is hereby designated depositary of the proceeds of sale of said bonds Any premium or accrued interest paid by the purchaser of said bonds shall be transferred to the Bond and Interest Redemption Fund, and the IL exchange premium provided for the holders of the presently outstanding Township of Livonia Water Supply System Refunding and Extension Revenue Bonds shall be set aside in a separate account and paid to said holders at the time the exchange provided for in Section 14 of this Ordinance is made The balance of the proceeds shall be set aside in a separate account designated Construction Mand and used solely to pay the cost of the project and any engineering, legal, financial or other expenses incident thereto Any unexpended balance of the proceeds of sale remaining after completion of the project may, and to the extent of One Hundred Sixty-five Thousand ($165,000 00) Dollars, be used for further improvements, enlarge- ments and extensions to the System, provided that at the time of such expenditure, such use be approved by the Municipal Finance Commission Any remaining balance after such expenditure shall be paid into the Bond and Interest Redemption Fund and shall be used for the redemption of callable bonds, or, prior to March 1, 1963, purchasing bonds of this issue on the open market at not more than the fair market value thereof, and at a price in any event not exceeding 10b Section 18. The City of Livonia convenants and agrees with the successive holders of the bonds and coupons that so long as any of the bonds remain outstanding and unpaid as to either principal or interest- (a) The City of Livonia will maintain the System in good repair and working order and will operate the same efficiently and will faithfully and punctually perform all duties with reference to the System required by the Constitution and laws of the State of Michigan, including the making and collecting of sufficient IL rates for water services rendered by the System and the segregation and distribution of the revenues of the System in the manner provided inthis Ordinance The initial schedule of rates set forth in Section 8 of this Ordinance will not be reduced until the Bond Reserve Account in the Bond and Interest Redemption Fund has been established in its full required amount (b) The City will maintain and keep proper books of record and account, separate from all other records and accounts, in which shall be made full and correct entries of all transactions relating to the System. Not later than three (3) months after the close of each operating year, the City will cause to be prepared, on forms furnished by the 1unicipal Finance Commission, if such forms be available, a statement in reasonable detail, sworn to by its chief accounting officer, showing the cash income and disbursements of the System during such operating year, the assets and liabilities of the System at the beginning and close of the fiscal year, and such other information as is necessary to enable any taxpayer of the City, user of the service furnished, or any holder or avner of the bonds or anyone acting in their behalf to be fully informed as to all matters pertaining to the financial operation of the System during such year A certified copy of such statement shall be filed with the Municipal Finance Commission, and such statement and books of rocord and account shall at all reasonable times be open to inspection by any taxpayer of the City, user of the service or holder or holders of any bonds or anyone acting in their behalf A copy of such statement shall be sent to each member of the syndicate or 'Eroup purchasing the bonds at the same time as said statement is filed with the Municipal Finance Commission The City will also cause an annual liM audit of such books of record and account for the preceding operating year to be made by a recognized independent certified public accountant, and a copy of such audit shall be sent, when completed, to the syndicate manager of the group or syndicate purchasing such bonds and to the owner of the bonds herein authorized to be exchanged if said bonds are held by one owner Such audit shall also be made available to the holders of any of the bonds upon request and upon payment of the actual cost of such a copy Such audit shall be completed not later than three (3) Page 642 months after the close of each operating year, and shall include the following informati on: (i) A statement in detail of the income and expenditures of the System for such operating year. (ii) A balance sheet as of the end of such fiscal year (iii) The accountant's comment regarding the manner in which the City has carried out the requirements of this resolution, and the accountant's recommendation for any change or improvement in the operation of the System. (iv) A list of the insurance policies in force at the end of the operating year, setting out as to each policy, the amount of the policy, the risks covered, the name of the insurer and the expiration date of the policy. (v) The number of metered water customers at the end of the year and the number of unmetered water customers, if any, at the end of the year. (c) The City shall maintain and carry for the benefit of the holders of the bonds, insurance on all physical properties of the System, of the kinds and in the amounts normally carried by public utility companies, and municipalities engaged in the operation of Water Supply Systems All moneys received for losses under any such insurance policies shall be applied solely to the replacement and restoration of the property damaged or destroyed, and to the extent not so used, shall be used for the purpose of calling bonds (d) The City will not sell, encumber, lease, or dispose of the System or any substantial part thereof until all of the bonds have been paid in full, both as to principal and interest The City further, will cause the operation of the Systemto be carried on as economically as possible, will cause to be made to the System, all repairs and replacements necessary to keep the same in good repair and working order, and will not do or suffer to be done any act which would affect the System in such a way as to impair or affect unfavorably the security of the bonds Section 19 The right is reserved, in accordance with the provisions of Act 94, Public Acts of Michigan, 1933, as amended, to issue additional bonds payable from the revenues of said System, which shall be of equal standing with the bonds herein authorized, for the following purposes (a) In a sum not exceeding One Hundred Thousand ($100,000 00) Dollars, for the completion of the project in the event the funds realized from the sale of the bonds herein authorized prove to be insufficient (b) For further extensions, additions or improvements to the System, provided, that no such additional bonds shall be issued unless the net revenues for the completed operating year, next preceding the issuance of the additional bonds, plus a figure representing the additional average annual net revenues estimated to accrue from the use and operation of the proposed extensions, additions and improvements, for the first five (5) operating years, after the construction and placing in use of the proposed extensions, additions or improvements are equal to not less than one and one-half (1-1/2) times the largest amount of combined principal and interest to fall due in any future operating year on any bonds then outstanding payable from the revenues of the System and en the additional bonds so to be issued As a condition precedent to the issuance of said bonds, a written estimate of the annual net revenues estimated to accrue from the construction of the proposed additions, estensions and improvements, each operating year until the fin al maturity of said bonds, concurred in and executed by the Engineer or other operating official in Page 613 charge of the Wayne County Metropolitan Water Supply System, an Engineer designated by the Municipal Finance Commission (or such other State agency as shall have jurisdiction over the issuance of municipal bonds) and the City Engineer of the City of Livonia, shall be filed with the City Clerk and the Municipal Finance Commission. Permission of the Municipal Finance Commission (or such other State agency as shall have jurisdiction over the issuance of municipal bends) to issue such additional bonds shall constitute a conclusive presumption of the existance of conditions permitting the issuance thereof Except as herein authorized, no additional bonds having equal standing with the bonds of this issue shall be authorized or issued Section 20 The bonds authorized shall be in substantially the following form: UNITED STATE OF AMERICA STATE OF MICHIGAN COUNTY OF WAYNE CITY OF LIVONIA WATER SUPPLY SYSTEM REVENUE BOND No $1,000.00 KNC?N ALL MEN BY THESE PRESENTS that the CITY OF LIVONIA, Wayne County, Michigan, for value received hereby premises to pay to the bearer, or if registered, to the registered holder hereof, but only out of the revenues of its Water Supply System, including all appurtenances and extensions thereto, the sum of ONE THOUSAND DOLLARS on the first day of March, A D 19 , with interest thereon from the date hereof until paid at the rate of per cent per annum, payable on September 1, 1952, and semi-annually thereafter on the first day of March and September of each year, on presentation and surrender of the annexed interest coupons as they severally become due Both principal of and interest on this bond are payable in lawful money of the United States of America at Detroit Trust Company, Detroit, Michigan, and for the prompt payment thereof, the gross revenues of the entire Water Supply System of the City of Livonia, including all appurtenances and extensions thereto, after provision has been made for reasonable and necessary expenses of operation, administration and maintenance are hereby irrevocably pledged, and a statutory first lien thereon is hereby created This bond is one of a series of one thousand six hundred sixty (1660) bonds of even date and like tenor except as to date of maturity aggregating the sum of $1,660,000 00 issued pursuant to Ordinance No 41 of the City, duly adopted by the City Council on January 21, 1952, and under and in full compliance with the Constitution and Statutes of the State of Michigan, including specifically Act 9)4, Public Acts of Michigan, 1933, as amended, for the purpose of refunding $516,000 00 of an outstanding issue of the Township of Livonia Water Supply System Refunding and Lxtension Revenue Bonds dated February 1, 1950, and constructing additions, extensions and improvements to the Water Supply System of the City For a complete statement of the revenues frau which and the conditions under which this bond is payable, a statement of the conditions under which additional bands of equal standing may hereafter be issued, and the general covenants and provisions pursuant to which this bond is issued, reference is made to the above- described Ordinance Page 644 Outstanding bends of this issue may be called for redemption as a whole, for the purpose of refunding, on any interest payment date on or after March 1, 1962 Unless called as a whole, in accordance with the above provisions, bonds numbered 1 to 715, inclusive, maturing in the years 1954 to 1976, inclusive, shall net be subject to redemption prior to maturity Bonds numbered 716 to 1660, inclusive, maturing in the years 1977, to 1991, inclusive, shall be subject to redemption prior to maturity, at the option of the city, in inverse numberical order, on any interest payment date on or after March 1, 1963 Each bond called for redemption, either as a whole or in part, shall be redeemed at the par value thereof and accrued interest plus a premium in accordance with the following schedule, t•wit. $45.00 if called for redemption prior to March 1, 1964; $40 00 if called for redemption on or after March 1, 1964, but prior to March 1, 1966, $35.00 if called for redemption on or after March 1, 1966, but prier to March 1, 1968; $30 00 if called for redemption on or after March 1, 1968, but prior to March 1, 1970, $25 00 if called for redemption on or after March 1, 1970, but prier to March 1, 1972; $20 00 if called for redemption on or after March 1, 1972, but prior to March 1, 1975, $15 00 if called for redemption on or after March 1, 1975, but prior to March 1, 1978; $10 00 if called for redemption on or after March 1, 1978, but prior to March 1, 1981; $ 5.00 if called for redemption on or after March 1, 1981, but prior to March 1, 1984, No premium shall be paid on bonds called for redemption on or after March 1, 1984 Thirty (30) days' notice of the call of any bonds for redemption shall be given by publication in a paper circulated in the State of Michigan which carries, as part of its regular service, notices of sale of municipal bonds, and in the case of registered bends, thirty (30) days' notice shall be given by mail to the registered address This bond is a self-liquidating bond, and is not a general obligation of the City of Livonia, and does not constitute an indebtedness of the City of Livonia within any constitutional or statutory limitation, and is payable, both as to principal and interest, solely from the revenues of the Water Supply System of the City The principal and interest on this bond are secured by the statutory lien hereinbefore mentioned The City of Livonia, hereby covenants and agrees to fix and maintain at all times while any of such bonds shall be outstanding, such rates for service furnished by said Water Supply System as shall be sufficient to provide for payment of the interest upon and the principal of all such bonds as and when the same become due and payable, to create a bond and interest redemption fund (including a Bond Reserve Account) therefor, to provide for the payment of expenses of administration and operation and such expenses for maintenance of said Water Supply System as are necessary to preserve the same in good repair and working order, and to provide for such other expenditures and funds for said System as are required by said Ordinance Page 645 This bond and the interest thereon are exempt from any and all taxation whatsoever by the State of Michigan or by any taxing authority within said State. L This bond may be registered as to principal only on the books of the City Treasurer in the name of the holder, and such registration noted on the back hereof by the City Treasurer, after which no transfer shall be valid unless made on the books and noted hereon in like manner, buttransferability by delivery may be restored by registration to bearer Such registration shall not affect the negotiability of the interest coupons It is hereby certified and recited that all acts, conditions and things required by law precedent to and in the issuance of this bend and the series of which this is one have been done and performed in regular and due time and form as required by law IN WITNESS WHEREOF, the City Council of the City of Livonia, County of Wayne, Michigan, has caused this bond to be signed in the name of said City by the Mayor and countersigned by the City Clerk and the corporate seal of the City to be affixed hereto, and the coupons hereto attached to be signed by the facsimile signatures of said Mayor and City Clerk, as of the first day of February, A D 1952 CITY OF LIVONIA By Mayor (Seal) i Countersigned: City Clerk (Form of Coupon) No. $ On the first day of , A D 19 , unless the bond to which this coupon pertains shall have been called for ree emption, the CITY OF LIVONIA, Wayne County, Michigan, will pay to the bearer the sum of Dollars, in the manner and out of the revenues described in said bond, at DETROIT TRUST COMPANY, Detroit, Michigan, being the semi-annual interest due that date on its eater Supply System Revenue Bond dated February 1, 1952, No This coupon is not a general obligation of the City of Livonia, but is payable from certain revenues as set forth in the bond to which it pertains. Mayor IL City Clerk Page 646 REGISTRATION NOTHING TO BE WRITTEN HEREON EXCEPT BY THE CITY TREASURER Date of Registration * Name of Registered Owner * Registrar • * # Section 21 The City Clerk is hereby authorized and directed to make application to the Municipal Finance Commission for authority to issue said bonds, and for approval of the form of Notice of Sale of said bonds in accordance with the provisions of Act 202, Public Acts of Michigan, 1913, as amended, and of Act 91k, Public Acts of Michigan, 1933, as amended Section 22. If any section, paragraph, clause or provision of this Ordinance shall be held invalid, the invalidity of such section, paragraph, clause or provision shall not affect any of the other provisions of this Ordinance Section 23 All ordinances, resolutions or orders, or parts thereof, in conflict with the provisions of this Ordinance are to the extent of such conflict hereby repealed Section 24. Ordinance No. 14 of the Township of Livonia, hereinbefore referred to, is hereby repealed Section 25 This Ordinance shall be published in full in The Livonian, a newspaper of general circulation in the City of Livonia, qualified under State law to publish legal notices, within one (1) week after its passage. Section 26. This Ordinance shall become effective immediately upon its adoption, to-wit. January 21, 1952 A roll call vote was taken on the foregoing ordinance with the following result AYES: Edgar, Grimm, Carey, Whitehead, Taylor & Wolfe NAYS. None President Wolfe declared the foregoing Ordinance adopted and effective as of the date of Publication, January 25, 1952 r Page 647 k' G i Councilman Taylor made a motion, which was seconded by Councilman Whitehead that the following resolution be adopted: 19 Y.-313 WHEREAS by Ordinance No 42 adopted by the City Council onz. January 21, 1952, the City of Livonia has authorized the issue of $325,000 00 Sewage Disposal System No II Revenue Bonds, dated March 1, E 1952 : R IT IS rLi.REBY RESOLVED that the City Clerk cause notice of l sale of said bonds to be published in the Michigan Investor as soon as the form of said notice is approved by the Municipal Finance Commission, setting the date of sale for a regular or special meeting of the City c Council occurring more than fourteen (14) days after such publication s RESOLVED, FURTHER, that said notice be in substantially the following form, subject to any changes which may be required by the Municipal Finance Commission: NOTICE OF SALE . $325,000 00 E. E, CITY OF LIVONIA, MICHIGAN SEWAGE DISPOSAL SYSTEM NO II REVENUE BONDS { i Ili V. Sealed bids for the purchase of Sewage Disposal System No II Revenue Bonds, of the City of Livonia, Wayne County, Michigan, of the par value of $325,000 00, will be received by the undersigned at his office r; in the City of Livonia, Michigan, until Monday the 10th day of March, 1952, at 9 o' clock P.M., Eastern Standard Time, at which time and place t they will be publicly opened and read The bonds will be dated as of March 1, 1952, and shall mature serially [; as follows . $ 5,000 March 1, 1954; $10,000 March 1st of each of the years 1955 to 1959, inclusive, $15,000 March 1st of each of the years 1960 to 1962, inclusive, $10,000 March 1st of each of the years 1963 to 1967, inclusive; $15,000 March 1st of each of the years 1968 to 1977, inclusive; $20,000 March 1, 1978, $ 5,000 March 1, 1979 Said bonds shall be coupon bonds, registerable as to principal only, of the denomination of $1,000 each, numbered consecutively in direct order of maturity from 1 to 325, inclusive, and shall bear interest frau their 1, date at a rate or -ates not exceeding four (4%) per cent per annum, expressed t in multiples of 1/4 of 1%, and said interest shall be payable on September 1, 1952, and semi—annually thereafter on March 1st and September 1st of IL each year, both principal and interest being payable at Detroit Trust Company, Detroit, Michigan Accrued interest to the date of delivery of f said bonds must be paid by the purchaser at the time of delivery The interest rate for each coupon period on any one bond shall be at one rate r only i 1 E Page 6)18 Bonds of this issue may be called for redemption as a whole, for refunding purposes, on any interest payment date on or after March 1, 1953. Unless called as a whole for the purpose of refunding, bonds numbered 1 to 100, inclusive, maturing in the years 1954 to 1962, inclusive, shall not be subject to redemption prior to maturity The right is reserved of redeeming bonds of this issue numbered 101 to 325, inclusive, maturing in the years 1963 to 1979, inclusive, at the option of the City, in inverse numerical order, on any interest payment date on or after March 1, 1956 The redemption price of all bonds called for redemption prior to maturity, whether as a whole, or in part, shall be par and accrued interest to the date fixed for redercption plus a premium as follows $110 00 on each bond called for redemption prior to March 1, 1956, $30 00 on each bond called for redemption on or after tharch 1, 1956, but prior to i+larch 1, 1961; $20 00 on each bond called for redemption on or after March 1, 1961, but prior to March 1, 1966, $10 00 on each bond called for redemption on or after March 1, 1966, but prior to March 1, 1971; No premium shall be paid on bonds called for redemption on or after March 1, 1971 Notice of redemption shall be given thirty (30) days in advance of the redemption date by publication in a financial paper circulated in the State of Michigan, and in case of registered bonds, thirty (30) days' notice shall be given by mail to the registered address Bonds so called for redemption shall not bear interest after the date fixed for redemption, provided funds are on hand with the paying agent to redeem said bonds No proposal for the purchase of less than all of the bonds, nor for less than their par value will be considered Said bonds are to be issued under Act 94, Public Acts of Michigan, 1933, as amended, for the purpose of paying the cost of acquiring and constructing sanitary sewers as a part of Sewage Disposal System No. II of the City of Livonia Said bonds are not general obligations of the City but are payable solely from the revenues of said System, and are a first and prior lien on all such revenues, subject only to payment of expenses of administration, operation and maintenance For the purpose of awarding the bonds, the interest cost of each bid will be computed by determining, at the rate or rates specified therein, the total dollar value of all interest on the bonds from (Here insert the first da of the month next following the date of receivin: bids or the date of the .onds, whichever is ater o eir ma uri y an+ •e•uc ing -refrom any premium The bonds will be awarded to the bidder whose bid on the above computation produces the lowest interest cost to the City of Livonia The right is reserved to issue additional bonds of equal standing with the bonds of this issue on conditions stated in the authorizing Ordinance A certified or cashier's check in the amount of $6,500.00 drawn upon an incorporated bank or trust company and payable to the order of the Treasurer of the City of Livonia must accompany each bid as a guaranty of good faith on the part of the bidder, to be forfeited as liquidated damages Page 6)49 if such bid is accepted and the bidder fails to take up and pay for the bonds. No interest will be allowed on the good faith checks and checks of unsuccessful bidders will be promptly returned to each bidder's representative or by registered mail Bids shall be conditioned upon the unqualified opinion of Miller, Canfield, Paddock and Stone, attorneys of Detroit, Michigan, which opinion will be furnished without expense to the purchaser of the bonds prior to the delivery thereof, approving their legality The City shall furnish bonds ready for execution at its expense Bonds will be delivered at the City of Detroit, or at such other place as may be agreed upon with the purchaser The right is reserved to reject any and all bids Envelopes containing the bids should be plainly marked "Proposal for Bonds " Lity Clerk Dated 1952 A roll call vote was taken on the foregoing resolution with the following result: AYES. Edgar, Grimm, Carey, Whitehead, Taylor & Wolfe NAYS : None. li/ President Wolfe declared the foregoing resolution adopted. Councilman Grimm made a motion, which was seconded by Councilman Taylor that the following resolution be adopted , 6'210 WHEREAS, by Ordinance No )43 adopted by the City Council on January 21, 1952, the City of Livonia has authorized the issue of $1,660,000 00 Water Supply System Revenue Bonds, to be dated February 1, 1952, of which authorized issue bonds in the aggregate principal amount of $516,900.00 are to be used to refund outstanding Water Supply System Refunding and Extension Revenue Bonds of the Township of Livonia of like amount by exchange, and bonds in the aggregate principal amount of $1,11114,000 00 are to be sold at public sale to pay for acquiring and constructing extensions and improvements to the Water Supply System of the City and to pay other costs incident thereto and in the financing thereof, as specified in the Ordinance: IT IS FE;REBY RESOLVED that the City Clerk apply to the Municipal Finance Commission for approval of said bond issue and of the form of Notice of Sale of $1,1)1)1j000 00 of said bonds, and on approval cause such notice to be published in the Michigan Investor and Bond Buyer, setting the date of sale for the first regular or special meeting of the Council occurring more than fourteen (14) days after such publication. RESOLVED, FURTHER, that such notice be in substantially the following form, subject to any changes which may be required by the Municipal Finance Commission. Page 650 NOTICE OF SALE $1,1li11,000 00 CITY OF LIVONIA, JAYNE COUNTY, MICHIGAN WATER SUPPLY SYSTEM REVENUE BONDS Sealed Bids for the purchase of $1,144,000 Water Supply System Revenue Bonds to be issued by the City of Livonia, Wayne County, Michigan, will be received by the undersigned at the office of the City Clerk in said City until 9 o'clock p.m , Eastern Standard Time, on Monday, the 10th day of March, 1952, at which time and place said bids will be publicly opened and read Said bonds are part of an authorized issue of $1,660,000.00 for the purpose of refunding outstanding Water Supply System Refund g and Extension Revenue Bonds of the Township of Livonia (since incorporated into the City of Livonia) dated February 1, 1950, and acquiring and constructing additions, extensions and improvements to the Water Supply System of the City. Said authorized issue will consist of 1660 bonds of the denomination of $1,000 each, will be coupon bonds, registerable as to principal only, dated February 1, 1952, numbered consecutively in the direct order of their maturity from 1 to 1660, inclusive, maturing as follows ' $20,000 March 1st of each year from 1954 to 1956, inclusive; $25,000 March 1st of each year from 1957 to 1962, inclusive, $30,000 March 1st of each year from 1963 to 1966, inclusive; 111 $35,000 March 1st of each year from 1967 to 1971, inclusive; $40,000 March 1st of each year from 1972 to 1974, inclusive; $45,000 March 1st of each of the years 1975 and 1976, $50,000 March 1st of each of the years 1977 and 1978; $55,000 March 1st of each year from 1979 to 1981, inclusive; $60,000 March 1st of each year from 1982 to 1984, inclusive, $65,000 March 1, 1985, $70,000 March 1st of each year from 1986 to 1988, inclusive; $75,000 March 1st of each year from 1989 to 1991, inclusive Of said total issue, bonds to the amount of $516,000.00 are to be offered in exchange for bonds of said issue of February 1, 1950 The bonds hereby offered will mature as follows . $20,000 March 1st of each year from 1954 to 1956, inclusive; $25,000 March 1st of each year from 1957 to 1962, inclusive; $30,000 March 1st of each year from 1963 to 1966, inclusive, $35,000 March 1st of each year from 1967 to 1969, inclusive; $30,000 March 1, 1970; $60,000 March 1st of each year from 1982 to 1984, inclusive; $65,000 March 1, 1985, $70,000 March 1st of each year from 1986 to 1988, inclusive; $75,000 March 1st of each year from 1989 to 1991, inclusive Said bonds will bear interest at a rate or rates not exceeding four (4%) per cent per annum, expressed in multiples of 1/4 of 1% Said interest will be payable on September 10 1952, and semi—annually thereafter on March 1st and September 1st of each year The interest rate for each coupon period on any one bond will be at one rate only Both principal and interest will be payable at Detroit Trust Company, Detroit, Michigan Accrued interest to date of delivery of the bonds shall be paid by the purchaser at the time of delivery thereof. Page 651 Outstanding bonds of this issue may be called for redemption as a whole, for the purpose of refunding on any interest payment date on or after March 1, 1962 lij Unless called as a whole, in accordance with the above provisions, bonds numbered 1 to 715, inclusive, maturing in the years 1954 to 1976, inclusive, shall not be subject to redemption prior to maturity Bonds numbered 716 to 1660, inclusive, maturing in the years 1977 to 1991, inclusive, shall be subject to redemption prior to maturity, at the option of the City, in inverse numberical order, on any interest payment date on or after March 1, 1963 Each bond called for redemption, either as a whole or in part shall be redeemed at the par value thereof and accrued interest plus a premium in accordance with the following schedule, to-wit. $45 00 if called for redemption prior to March 1, 1964; $40 00 if called for redemption on or after March 1, 1964, but prior to March 1, 1966, 4. $35 00 if called for redemption on or after March 1, 1966, but prior to March 1, 1968; $30.00 if called from redemption on or after March 1, 1968, but prior to March 1, 1970, $25 00 if called for redemption on or after March 1, 1970, but prior to March 1, 1972; $20.00 if called for redemption on or after March 1, 1972, but prior to March 1, 1975, 111 $15 00 if called for redemption on or after March 1, 1975, but prior to March 1, 1978; $10 00 if called for redemption on or after March 1, 1978, but prior to March 1, 1981, $ 5 00 if called for redemption on or after March 1, 1981, but prior to March 1, 1984; No premium shall be paid on bonds called for redemption on or after March 1, 1984 Thirty (30) days' notice o' the call of any bonds for redemption shall be given by publication in a paper circulated in the State of Michigan which carries, as part of its regular service, notices of sale of municipal bonds, and in case of registered bonds, thirty (30) days' notice shall be given by mail to the registered address Bonds so called for redemption shall not bear interest after the date fixed for redemption, provided funds are on hand with the [ paying agent to redeem said bonds. For the purpose of awarding the bonds, the interest cost of each bid will be computed by determining, at the rate or rates specified therein, the total dollar value of all interest on the bonds from (Here insert the first day of the month next following the date of receiving bids or the date of the bonds, whichever is later) to their maturity, and deducting therefrom any premium 'ihe bonds will be awarded to the bidder whose bid on the above computation produces the lowest interest cost to the City No proposal for the purchase of less than all of the bonds or at a price less than their • par value will be considered � a t Page 652 Said bonds are to be issued under Act 94, Public Acts of Michigan, 1933, as amended, and Ordinance No 43 of the City of Livonia, adopted on January 21, 1952, and are not a general obligation of the City, but are payable solely from the revenues of the (later Supply System of the City and are a first lien on all such revenues, subject only to payment of expenses of operation and maintenance The right is reserved to issue additional bonds of equal standing with the bonds of this issue on conditions stated in the authorizing Ordinance. A certified or cashier's check in the amount of $20,000 00, drawn upon an incorporated bank or trust company payable to the order of the City Treasurer of the City of Livonia must accompany each bid as a guaranty of good faith, to be forfeited as liquidated damages if such bid is accepted and the bidder fails to take up and pay for the bonds No interest will be allowed on the good faith checks and checks of unsuccessful bidders will be promptly returned to each bidder's representative or by registered mail. Bids shall be conditioned upon the unqualified opinion of Miller, Canfield, Paddock and Stone, attorneys of Detroit, Michigan, 4pproving the legality of the bonds The cost of such opinion and the cost of printing the bonds will be paid by the City. Executed bonds will be delivered at Detroit, Michigan, or such other place as may be designated by the purchaser of the bonds. The right is reserved to reject any and all bids. Envelopes containing the bids should be plainly marked "Proposal for Bonds " Any interested bidder will be furnished, upon request, a report of the essential facts pertaining to this issue. Dated 1952 City Clerk A roll call vote was taken on the foregoing resoluti on with the following result AYES: Edgar, Grimm, Carey, Whitehead, Taylor & Wolfe. NAYS: None President Wolfe declared the foregoing resolution passed By Councilman Taylor, seconded by Councilman Carey and unanimously adopted as follows, it was . /9 Fy/ RESOLVED, that the City of Livonia make and enter into an agreement with Ford Motor Company wherein Ford Motor Company guarantees a minimum usage by its tank plant of the City of Livonia Sewage Disposal System No 2, to be constructed pursuant to the provisions of Ordinance No 42, which agreement has been prepared by Miller, Canfield, Paddock & Stone, bond attorneys; and that the Mayor and City Clerk are hereby directed to affix j their signatures to such agreement on behalf of the City of Livonia. A roll call vote was taken on the foregoing resolution with the following result: AYES • Edgar, Grimm, Carey, Whitehead, Taylor & Wolfe NAYS None Page 653 By Councilman Whitehead, seconded by Councilman Grimm and unanimously adopted as follows, it was . 0 810- RESOLVED, that the City of Livonia make and enter into an agreement with Ford Motor Company wherein Ford Motor Company guarantees a minimum use by its tank plant and parts depot plant of water to be supplied by the Water Supply System of the City of Livonia under Ordinance No 43, which agree- ment was prepared by Miller, Canfield, Paddock & Stone, bond attorneys; and that the Mayor and City Clerk affix their signatures to such agreement on behalf of the City of Livonia. A roll call vote was taken on the foregoing resolution with the following result AYES • Edgar, Grimm, Carey, Whitehead, Taylor & Wolfe NAYS: None. By Councilman Taylor, seconded by Councilman Carey and unanimously adopted as follows, it was : P./3 RESOLVED, that the City of Livonia enter into an agreement with General Motors Corp oration wherein General Motors Corporation guarantees a minimum use of water to be supplied by the Water Supply System of the City of Livonia pursuant to the provisions of Ordinance No 43, which agree- ment was prepared by Miller, Canfield, Paddock & Stone, bond attorneys; and that the Mayor and City Clerk affix their signatures to such agreement on behalf of the City of Livonia. A roll call vote was taken on the foregoing resolution with the following result : AYES: Edgar, Grimm, Carey, Whitehead, Taylor & Wolfe NAYS : N one. By Councilman Taylor, seconded by Councilman Grimm and unanimously adopted as follows, it was: 1� P114 RESOLVED, that the form of advertisement prepared by Herald Hamill, City Engineer, for the construction of the City of Livonia Sewage Disposal System No 2, authorized by the provisions of Ordinance No l2, which form has been identified by the signature of the City Clerk, be and hereby is approved and the City Clerk is hereby directed to cause such advertisement to be published in the Michigan Contractors and Builders and in the Livonian on January 25, 1952; and that such bids be opened and considered on February 5, 1952, at 8:00 P M ; that a special meeting of the Council is hereby set for February 5, 1952, at 8 .00 P M , for the purpose of opening and considering such bids and the taking of any action thereon A roll call vote was taken on the foregoing resolution with the following result. AYES. Edgar, Grimm, Carey, Whitehead, Taylor & Wolfe. NAYS• None. Page 6514 By Councilman Edgar, seconded by Councilman Grimm and unanimously adopted Las follows, it was : A Je5 RESOLVED, that the following estimate of the cost of construction of the Water Supply System of the City of Livonia under Ordinance No. 1.43, as prepared by Herald Hamill City Engineer. Size of Main Length Unit Price Amount Inches Feet $ $ 6 50,610 4 00 202,440 00 8 65,560 5 00 327,800 00 12 31 ,350 7 50 257,625.00 18 14,500 13 50 195,750 00 165,02 0 . (31 2511 miles) Enlarge and remodel water department office - - - 10,000 00 Estimated direct construction cost - - - 993,615 00 Plans and specifications - - - 29,808.00 Engineering and Supervision - - - 19,872 00 Right of Way - - - 5,000 00 Legal Expense - - - 10,000 00 Financial Expense - - - 20,000.00 k: Outstanding Bond Premium - - - 25,530 00 1950 Issue Bonds Outstanding - - - 516,000 00 Contingencies - - - 110,175 00 Amount of Proposed Bond Issue - - - $1,660 000 00 Iii be and hereby is approved A roll call vote was taken on the foregoing resolution with the following result: AYES: Edgar, Grimm, Carey, Whitehead, Taylor & Wolfe NAYS None By Councilman Grimm, seconded by Councilman Taylor and unanimously adopted as follows, it was • �"- RESOLVED, that the following estimate of the cost of construction of City of Livonia Sewage Disposal System No. 2, under Ordinance No 112, as prepared by Herald Hamill, City Engineer De th Unit Item Ft. Quantity Price Amount F, 36" Sanitary Sewer 15-17 2731 lin. ft. 16.00 113,696 00 30" Sanitary Sewer 11-21 3796 lin ft 16 00 60,736 00 211" Sanitary Sewer 10-18 5647 lin. ft. 10.00 56,1170 00 18" Sanitary Sewer 8-17 11513 lin ft . 00 36,1011.00 15" Sanitary Sewer 8-16 3040 lin ft 6 00 18,2110 00 12" Sanitary Sewer 8-16 5370 lin ft 5 50 29,535 00 Manhole 8-13 50 each 200 00 10,000.00 Manhole 1111 38 each 300 00 11,1100 00 6" Risers 2200 lin ft. 2.00 4,400 00 q`4 Page 655 Direct Construction Cost $270,581 00 Plans and Specifications 8,117 00 11:i Engineering and Supervision 10,823 00 Int during Construction 13,000.00 Rights of Way None Legal Expense 11,000 00 Contingencies 18,479.00 Total Estimated Cost $325,000 00 be and hereby is approved. A roll call vote was taken on the foregoing resolution with the following result AYES Edgar, Grimm, Carey, Whitehead, Taylor & Wolfe. NAYS: None Communication from Don Wilson, Chief Building Inspector, dated December 20, 1951, pertaining to suggested amendments in the Electrical Inspection Ordinance was received and placed on file lair Hansen, Stanley Markley and Don Wilson made statements in connection with such amendments. With the consent of all present, this matter was Ili placed on the table for future consideration On motion of Councilman Grimm, seconded by Councilman Taylor and unanimously passed, the meeting was adjourned at 11.00 Y M , January 21, 1952 Ma, e Clark, City Clerk Attested: Barry S Woirl/p)iesi dent /